“Bid bond” means a financial obligation, in writing, assuring that the contractor will execute the contract for the price bid.

“Contract documents” means any written agreement between the borough and the contractor describing general, supplementary and other conditions of the contract, drawings, specifications, addenda, change orders, etc.

“Contractual services” means services performed for the borough by persons not in the employment of the borough, and includes the use of equipment, furnishing of commodities, travel, telephone, telegraph, utilities, rents, printing and binding, repairs, alterations, maintenance of buildings, equipment, streets, physical facilities of the borough and other services which the purchasing agent may designate.

“Open market purchase” means that goods, an item of equipment, or service is purchased from a seller or provider without use of a competitive sealed bid.

“Payment bond” means a financial obligation in writing assuring that all amounts owed by the contractor for labor, materialmen and subcontractors will be paid so that liens are not filed.

“Performance bond” means a financial obligation in writing assuring that the contract will be completed as bid and that the end product will be free of liens.