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OGS Procurement Services is the state's centralized procurement office. The OGS contracts were created to streamline the services procurement for New York State authorized users by reducing the bidding processes length.
Effective November 2019, FedBizOpps.gov (FBO.gov) transitioned to beta.SAM.gov. This is now the site where federal agencies are required to post available procurement opportunities valued at more than $25,000 (Note: many agencies are posting projects below this threshold).
In New York, a contract is binding if there is offer and acceptance, consideration, an intent to be bound and mutual assent. Offer and Acceptance: There must be a clear or definite offer to contract (Do you want to buy this painting?) and an unqualified acceptance ("Yes!
Although courts in a number of states have held that agreements to agree are not enforceable, such agreements are enforceable under both New York and Delaware law.
The elements of an enforceable contract in New York are 'an offer, acceptance of the offer, consideration, mutual assent, and an intent to be bound'. A binding contract exists where 'there is a sufficiently definite offer such that its unequivocal acceptance will give rise to an enforceable contract'.