Cincinnati |
Code of Ordinances |
Title III. FINANCIAL, PERSONNEL, PROCUREMENT AND REAL PROPERTY PROCEDURES |
Chapter 319. PROMPT PAYMENT SYSTEM |
§ 319-1-C2. Contract.
Latest version.
"Contract" shall mean a formally executed, written contract or lease, or purchase order or other lawfully incurred contractual purchase obligation, prepared and undertaken in compliance with standard city procurement procedures, evidencing a lawfully incurred contractual obligation to which the city is a party and incurs financial obligations to the other party or parties.
(Ordained by Ord. No. 297-2002, eff. Sept. 18, 2002)