La. Admin. Code tit. 34 § I-5103
Applicable Purchasing Agency- the Division of Administration except as provided in R.S. 39:1572.
Equipment Lease Purchase Contract- the lease purchase contract in the form approved by the State Bond Commission and the Commissioner of Administration between the state and nonprofit lessor.
Exempt Agency- those agencies set out at R.S. 39:1572 which are not required to procure goods and services through the Division of Administration, Office of State Purchasing.
Lessee- the state of Louisiana through the Division of Administration.
Nonexempt Agency- those agencies which are mandated by law to procure their goods and services through the Division of Administration, Office of State Purchasing.
Nonprofit Lessor or Lessor- public corporation or public trust organized pursuant to state law having for its beneficiary the state.
Procurement Period- that period of time as established by the equipment lease purchase contract in which the state may procure selected equipment under the state equipment-lease-purchase program. Any equipment not purchased within this time period will be removed from said program.
Program- the equipment-lease-purchase program of the state of Louisiana wherein a nonprofit lessor purchases and finances equipment to lease to the state with funds belonging to the nonprofit lessor, and upon the completion of payment of lease amounts the title of the selected equipment shall vest in the state.
Purchase Order- a written agreement confirming all terms, conditions, delivery date and price acquired by bids received by state purchasing or exempt agency for item(s) on the selected equipment list.
Purchase Requisition- a written request to procure equipment in accordance with law, rules and regulations from the selected equipment list by exempt or nonexempt agencies.
Release Order- a written agreement wherein a using agency purchases an item on the selected equipment list from a state contract conforming with all terms, conditions, delivery date, and prices, which shall be issued by exempt or nonexempt agencies.
Selected Equipment- equipment, as determined by the applicable purchasing agency, and approved by the Division of Administration, which shall be the subject of a lease-purchase contract.
Selected Vendor- a supplier, manufacturer, retailer, wholesaler, dealer, or other source for selected equipment which has been selected by the applicable purchasing agency pursuant to state law.
Trustee Bank- the bank which the nonprofit lessor selects to administer the funds, make payments to selected vendors, accept payment from the state on the equipment-lease-purchase contract and which performs all the necessary and required functions for the administration of this program.
Using Agency- that agency which will receive the selected equipment after it is procured and will be ultimately responsible for the lease payment under the equipment-lease-purchase contract.
La. Admin. Code tit. 34, § I-5103