Current with changes from the 2024 Legislative Session
Section 13-201 - Definitions(a) In this subtitle the following words have the meanings indicated.(b) "Change order" means a written order that:(1) is signed by the procurement officer; and(2) directs the contractor to make changes that the procurement contract authorizes the procurement officer to order without the consent of the contractor.(c) "Contract modification" means a written alteration that:(1) affects specifications, delivery point, date of delivery, period of performance, price, quantity, or other provisions of a procurement contract; and(2) is accomplished by mutual action of the parties to the procurement contract.(d) "Cost-reimbursement contract" means a procurement contract under which the State reimburses a contractor for fees and other costs that are:(1) recognized as allowable and allocable under the regulations of the Board on price and cost principles; and(2) within a stated ceiling.