Current through Register Vol. XLI, No. 50, December 13, 2024
Section 112-6-2 - DefinitionsFor purposes of this rule, unless a different meaning clearly is required by the context:
2.1. "Agency" means and includes any department, board, commission, division, branch office or other separate unit of State government, and any officer or employee of an agency, who or which collects moneys due the State.2.2. "Depository" or "State Depository" means a financial institution insured by an agency of the federal government which has posted any required collaterally secured bond and which is approved by the Treasurer.2.3. "Disbursement account" means those accounts from which are paid moneys due from the State of West Virginia or any official, department, board, commission, political subdivision or agency thereof to any political subdivision, person, firm or corporation except moneys paid from investment accounts.2.4. "Financial institution" means a state or national bank or a state or federal savings and loan association.2.5. "Invitation to bid" means the notice sent to potential bidders, either via email or U.S. mail, containing information on the goods and services in connection with one or more disbursement accounts being bid, bidding deadlines, how to obtain bid documents, how to submit bids and any other information the Treasurer considers appropriate.2.6. "Purchasing Documents" means the request for quotations or the request for proposals and all attachments and other documents related to the bidding of the goods and services in connection with bidding for one or more disbursement accounts.2.7. "Treasurer" means the West Virginia State Treasurer or his or her designee from the Treasurer's office.