“Delegated Loan Authority” means approval given in accordance with Central Procurement Office Policy to a State Agency to loan funds and to enter into loan agreements with Contracting Parties in accordance with a State or federally funded program. “Delegated Purchase Authority” means the approval given in accordance with Central Procurement Office Policy to a State Agency to purchase goods or services for an individual program, within specified limits and guidelines. “Delegated State Agency” means a State Agency that, in accordance with Central Procurement Office Policy, has authority to award a grant, make a loan consistent with a grant, or procure goods or services for an individual program within specified limits and guidelines. “Department of General Services” means the State department created and empowered by Tenn. Code Ann. §§ 4-3-1101, et seq. “Direct Purchase Order” means a purchase of goods or services in accordance with section 5.4.7. of the Procedures Manual. “Edison” means the enterprise management system of the State through which all procurement transactions are conducted. “Electronic Signature” means an electronic sound, symbol, or process attached to or logically associated with a record and executed or adopted by a person with the intent to sign the record. “Emergency Purchases” means a State Agency purchase made during an actual emergency arising from unforeseen causes without the issuance of a competitive solicitation. “Endowment Grant” means a limited Grant Contract that originates from a specific appropriation, effecting an award and conveyance of funds or property to a Grantee for a particular purpose to benefit the general public as a whole or some population of the general public. An Endowment Grant is used to transfer funds to a Grantee pursuant to an appropriation. “Evaluation Committee” means the committee comprised of persons who will evaluate responses to a RFP, RFI or RFQ. All persons serving on an evaluation committee shall be state employees.
Procurements or contracts with a term > 60 months (5 years); Procurements or contracts that propose to limit liability to < 2 times the maximum liability; Procurements or contracts that propose to change the Records, Annual Report, Audit, or Monitoring clauses; Procurements or contracts that allow for the negotiation of a necessary, mandatory, or standard contract clause; Procurements allowing evaluation of the cost proposal prior to or contemporaneously with evaluation of the technical proposal; Procurements or contracts containing an automatic price escalator; and Such other procurements, contracts or other items as may be directed by the Commissioner of Finance and Administration or by the Commission. All requests to procure goods or services by negotiation with a single service provider having a term of more than one (1) year or which contain term extension language authorizing a term of greater than one (1) year AND a cumulative value of $250,000 or more; and All amendments to a contract, whether competitively or noncompetitively procured, meeting the above term and dollar threshold requirements where the amendment: 1) increases or decreases the maximum liability, 2) extends or shortens the contract term, 3) changes the entity or name of the entity with which the State is contracting, or 4) otherwise changes an original contract or amended contract in a substantive manner. Fiscal Review Committee