Section 5-22-2-24 - "Purchase"(a) "Purchase" includes buy, procure, rent, lease, or otherwise acquire.(b) The term includes the following activities: (1) Description of requirements.(2) Solicitation or selection of sources.(3) Preparation and award of contract.(4) All phases of contract administration.(5) All functions that pertain to purchasing.As added by P.L. 49-1997, SEC.1.