Financial Information Regarding Requests for Bids and Proposals
Section 21-G:36
21-G:36 Definitions. –
In this subdivision:
I. "Agency" means any executive branch department, commission, board, institution, bureau, office, or other executive branch entity established in the state constitution, statutes, session laws, or executive orders.
II. "Bidder" means a contractor, supplier, or vendor who responds to an RFB, RFP, RFA, or similar request for submission with an offer to sell goods or services.
III. "Request for application (RFA)" means an invitation to submit an offer to provide identified services to an agency where the amount of funding available and the particulars of how the services are to be provided are defined by the agency and where the selection of qualifying vendors will be according to identified criteria as provided in RSA 21-I:22-a and RSA 21-I:22-b.
IV. "Request for bid (RFB)" means an invitation to submit an offer to provide specified commodities or services to an agency at a price proposed by the bidder where selection is based on the lowest price meeting or exceeding specifications as stated in the bid.
V. "Request for proposal (RFP)" means an invitation to submit a proposal to provide specified goods or services, where the particulars of the goods or services and the price are proposed by the vendor and, for proposals meeting or exceeding specifications, selection is according to identified criteria as provided in RSA 21-I:22-a and RSA 21-I:22-b.
VI. "Selected vendor" means the qualified bidder which has been identified by the agency as having received the best score for its proposal according to the criteria set forth in an RFP, RFA, or similar request for submission, as provided in RSA 21-I:22-a and RSA 21-I:22-b, or which has been identified by the agency as providing the best price as set forth in an RFB.
VII. "Vendor" means a person or entity who offers products or services for sale.