Terms Used In California Codes > Streets and Highways Code > Division 3 > Chapter 15.5 - Vanpool Financing

• Awarding department: means any agency, department, constitutional officer, governmental entity, or other officer or entity of the state empowered by law to issue bonds on behalf of the State of California. See California Government Code 16851
• Bonds: means bonds, notes, warrants, certificates of participation, and other evidences of indebtedness issued by or on behalf of the State of California. See California Government Code 16851
• Contract: includes any contract, agreement, or joint agreement to provide professional bond services to the State of California or an awarding department. See California Government Code 16851
• Contractor: means any provider of professional bond services who enters into a contract with an awarding department. See California Government Code 16851
• Department: means the Department of Transportation of this state. See California Streets and Highways Code 20
• foreign-based business: means a business entity that is incorporated or has its principal headquarters located outside the United States. See California Government Code 16851
• Germane: On the subject of the pending bill or other business; a strict standard of relevance.
• Goal: means a numerically expressed objective that awarding departments and providers of professional bond services are required to make efforts to achieve. See California Government Code 16851
• Minority: means an ethnic person of color including American Indians, Asians (including, but not limited to, Chinese, Japanese, Koreans, Pacific Islanders, Samoans, and Southeast Asians), Blacks, Filipinos, and Hispanics. See California Government Code 16851
• Minority business enterprise: means a business concern that meets all of the following requirements:

  California Government Code 16851

• Professional bond services: include services as financial advisers, bond counsel, underwriters in negotiated transactions, underwriter's counsel, financial printers, feasibility consultants, and other professional services related to the issuance and sale of bonds. See California Government Code 16851
• women business enterprise: include an enterprise of which 50 percent is owned and controlled by one or more minorities and the other 50 percent is owned and controlled by one or more women, or, in the case of a publicly owned business, 50 percent of the stock of which is owned and controlled by one or more minorities and the other 50 percent is owned and controlled by one or more women. See California Government Code 16851