81-2402 Terms, defined. - Nebraska Statutes

81-2402. Terms, defined.Asused in the Prompt Payment Act, unless the context otherwise requires:(1) Agency shall mean the state and any agency, department, office,commission, board, panel, or division of the state. Agency shall include the University of Nebraska and theNebraska state colleges;(2) Bill shall mean a proper billing or invoice which requests a paymentand which is supplemented by all necessary verification and forms requiredby agency rules and regulations to process payments;(3) Creditor shall mean any person, corporation, association, or otherbusiness concern engaged in a trade or business, either on a for-profit ornot-for-profit basis, and providing any goods or services to an agency;(4) Good faith dispute shall mean:(a) A contention by the agency that goods delivered or services renderedwere of less quantity or quality than ordered or specified by contract, faulty,or installed improperly; or(b) Any other reason giving cause for the withholding of payment bythe agency until the dispute is settled, except that failure to give noticeas prescribed in section 81-2405 shall preclude an agency from claiming agood faith dispute in the case of a defective or improper billing;(5) Goods shall mean any goods, supplies, materials, equipment, or otherpersonal property but shall not mean any real property; and(6) Services shall mean any contractual services, including, but notlimited to, architectural, engineering, medical, financial consulting, orother professional services, any construction services, and any other personalservices but shall not mean any services performed as an officer or employeeof any agency. SourceLaws 1988, LB 1079, § 2; Laws 2010, LB552, § 11.Operative Date: October 1, 2010