Common use of Commodity Clause in Contracts

Commodity. A product. The terms products and commodities can be used interchangeably throughout this ITB. Commodity Code - The State of Florida numeric code for classifying commodities and contractual services which meet specific requirements, specifications, terms, and conditions herein. Florida has adopted the United Nations Standard Products and Services Code for classifying commodities and services. Contract - The written agreement resulting from this ITB. Contractor - The business entity that is awarded a Contract resulting from this ITB. The terms Vendor, Successful Bidder or Awarded Vendor may be used interchangeably throughout this ITB. Customer – An ordering entity including state agencies and eligible users, as defined in Rule 60A-1.001, Florida Administrative Code. Department - The Florida Department of Management Services. Eligible User (EU) – A governmental entity defined in Rule 60A-1.001, Florida Administrative Code. Purchase – A transaction that results in the Customer obtaining ownership of a commodity. Responsible vendor – A vendor who has the capability in all respects to fully perform the Contract requirements and the integrity and reliability that will assure good faith performance. (Subsection 287.012(25), F.S.) Responsive bid - A bid submitted by a responsive and responsible vendor that conforms in all material respects to the solicitation. (Subsection 287.012(26), F.S.) Responsive vendor – A vendor that has submitted a bid that conforms in all material respects to the solicitation. (Subsection 287.012(27), F.S.) State - The State of Florida. State Term Contract (STC) – A term contract that is competitively procured by the Department pursuant to section 287.057, F.S., and that is used by agencies and Eligible Users pursuant to section 287.056, F.S. United Nations Standard Products and Services Code (UNSPSC) – A commodity code list used by the State. Vendor - An entity that is in the business of providing commodities similar to those within the solicitation.