C.R.S. Section 24-17-203
Definitions

As used in this part 2, unless the context otherwise requires:

(1)

“Contingency-based contract” means a contract entered into by a state agency and a vendor for services that:

(a)

Requires all or part of the vendor’s compensation to be computed by multiplying a stated percentage times the amount of measurable savings in the state agency’s expenditures or costs of operation that are demonstrably attributable to the vendor’s services under the contract; and

(b)

Is entered into without the authority of a state statute that specifically authorizes the agency to enter into such a contract.

(2)

“Office” means the office of state planning and budgeting created in section 24-37-102.

Source: Section 24-17-203 — Definitions, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-24.­pdf (accessed Oct. 20, 2023).

Green check means up to date. Up to date

Current through Fall 2024

§ 24-17-203’s source at colorado​.gov