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Hear this out loud PauseVerbal contracts are binding, including in Rhode Island. However, certain types of contracts, or contracts for certain amounts, must be in writing. The requirement is called the Statute of Frauds. The Rhode Island Code § 9-1-4 addresses this:§ 9-1-4.
OSP is the State of Rhode Island's eProcurement system of use for Centralized State Agency and RIDOT solicitations.
Hear this out loud Pause(1) The offer is fully responsive to the terms and conditions of the Request; (2) The price offer is determined to be within a competitive range (not to exceed 5% higher than the lowest responsive price offer) for the product or service; (3) The firm making the offer has been certified by the R.I.