27 DCMR 2099

2099. DEFINITIONS

Last amended: 2015Length: 191 wordsOfficial source

Cite as D.C. Mun. Regs. tit. 27, ยง 2099

2099 DEFINITIONS 2099.1 When used in this chapter, the following terms and phrases shall have the meanings ascribed: Director - the Director of the Office of Contracting and Procurement (OCP) or the District of Columbia Chief Procurement Officer (CPO). Multiyear contract - as used in this chapter, a contract for a period longer than twelve (12) months that is funded by annual appropriations. Nonrecurring costs - those production costs which are generally incurred on a one-time basis and include costs such as plant or equipment relocation, plant rearrangement, pre-production engineering, initial spoilage and rework, and specialized work force training. Option - a unilateral right in a contract under which, for a specified time, the District may elect to extend the term of a contract. Recurring costs - the production costs that vary with the quantity being produced, such as labor and materials. SOURCE: Final Rulemaking published at 35 DCR 1506 (February 26, 1988); as amended by Final Rulemaking published at 41 DCR 398a (January 28, 1994); as amended by Final Rulemaking published at 62 DCR 9773 (July 17, 2015). District of Columbia Municipal Regulations Contracts and Procurement 27 DCMR ยง 2099
27 DCMR 2099: 2099. DEFINITIONS | Justis AI