Review of a project's predesign study by an independent qualified multi-disciplined team using the value engineering methodology.

Caseload, economic, or demographic factors that have a significant effect on the state budget. Examples include inflation rate changes and state population changes in certain age groups.

An enterprise application developed as a tool to assist agencies in building all components of the decision package and submitting operating and transportation budget requests online. The new Agency Budget System (ABS) replaced BDS in June of 2018.

The ability to define an agency's plan of estimated expenditures, revenues, cash disbursements, and cash receipts for each month of the biennium.

A plan of financial operation embodying an estimate of proposed expenditures for a given period of time or purpose and the proposed means of financing them.

Any additional cost (or savings) that occurs in the future because a budget item in the current biennium is not fully funded or is onetime.

A debt instrument issued through a formal legal procedure and secured either by the pledge of specific properties or revenues or by the general credit of the state. Examples include bid bond, performance and payment bond. See: Form C-100 (2014) Section G.

A two-year fiscal period. The Washington state biennium runs from July 1 of an odd-numbered year to June 30 of the next oddnumbered year

Converting expenditures that occurred for only part of a biennium into the amount needed for a full biennium of implementation.

An entity who submits a bid in response to a solicitation issued for goods or services by an agency of Washington state government