Cap.22:23 Puauc PROCUREMENT AND DISPOSAL OF Puauc AssETS No.S/2017 "evaluation committee" means an evaluation committee appointed in terms of section 18; "framework agreement" means an agreement between a procuring entity and a bidder (or bidders consisting of two or more competing suppliers of the procurement requirement) to establish the terms and conditions governing procurement contracts to be awarded during a period, in particular with regard to price and, where appropriate, the quantities envisaged; "goods" means things of any kind or description, including(a) raw materials, products and equipment; and (b) things in solid, liquid or gaseous form; and (c) electricity; and (d) services incidental to the supply of the goods, where the value of the services does not exceed that of the goods themselves; "hard copy", in relation to a document, means a document that is written on paper; "joint venture agreement" has the meaning given to it by section 2(2) of the Joint Ventures Act [Chapter 22:22] (No.6 of 2015); "lead procuring entity" means a procuring entity that conducts procurement on behalf of other procuring entities under an arrangement referred to in section 19(1); "material deviation" has the meaning given to it in subsection (2); "member" means the chairperson or any other member of the Board; "Minister" means the Minister of Finance and Economic Development or any Vice-President or other Minister to whom the President may, from time to time, assign the administration of this Act; "non-consultancy service" means a labouring or other service that is performed physically; "parent body", in relation to(a) a procuring entity that is a department, office or subdivision of a Ministry, means the Ministry; (b) any other procuring entity, means(i) a person or authority that controls or is responsible for the activities, in particular the financial affairs, of the procuring entity; or (ii) such other person or authority as may be prescribed; "performance security" means a monetary assurance given by a bidder or contractor and guaranteed by a bank or other third party that the bidder or contractor will satisfactorily perform his or her obligations under the procurement contract; "price", in relation to a procurement requirement or procurement contract, means the price paid or to be paid by the procuring entity for the procurement requirement, or the cost of the procurement requirement to the procuring entity; "procurement" means the acquisition by any means of goods, construction works or services (and for the purposes of sections 3(5), 4(l)(a) and (d) and 6( 1)(a), includes the disposal of any asset in terms of Part XII); "procurement activities" means any one or more of the totality of the specific activities or tasks required in any way to bring the procurement process to a successful conclusion or to ensure that the process has been conducted in accordance with this Act; 47