Montana Code > Title 76 > Chapter 15 > Part 10 – Procurement and Competitive Bidding
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Terms Used In Montana Code > Title 76 > Chapter 15 > Part 10 - Procurement and Competitive Bidding
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Contract: A legal written agreement that becomes binding when signed.