Okla. Stat. tit. 11, § 11-36-208

- Contractor's bonds.

A. After the expiration of the time for filing protests against

the proposed improvement, or if insufficient protests have been

filed, the municipal governing body shall adopt a resolution

declaring that no protests have been filed, or if protests have been

filed, that the protests were insufficient, and expressing the

determination of the governing body to proceed with the improvement.

The resolution shall require the engineer to forthwith submit and

file detailed plans, profiles, specifications and estimates of

probable cost.

B. After the engineer has filed the detailed plans and

estimates, the governing body shall examine them and, if found

satisfactory, shall adopt and approve them by resolution, and order

the improvement. The resolution ordering the improvement shall be

adopted not later than one (1) year after the adoption of the

resolution of necessity or after the filing of a petition by

property owners for street improvements. The resolution shall:

1. State that the improvement will be constructed in accordance

with the final detailed plans, specifications and profiles of the

engineer;

2. Set forth the material to be used;

Oklahoma Statutes - Title 11. Cities and Towns Page 329

3. Set forth any reasonable terms and conditions that the

governing body shall deem proper to impose with reference to the

letting of the contract and the provisions thereof;

4. Require the contractor to execute to the municipality a good

and sufficient bond, in the amount stated in the resolution,

conditioned for the full and faithful execution of the work and the

performance of the contract for the protection of the municipality

and all property owners interested, against any loss or damage by

reason of the negligence of the contractor, or improper execution of

the work, or for the use of inferior material;

5. Require the contractor to execute a bond, in the amount

stated in the resolution, for the maintenance of the improvements

against any failure due to defective workmanship or materials for a

period of not less than three (3) years from the time of its

completion and acceptance. Such maintenance bond shall not be

required where the street improvements consist in chatting or

graveling;

6. Require the execution of a good and sufficient bond for

payment of labor and material in accordance with applicable state

law; and

7. Direct the municipal clerk, after the filing of the final

plans, profiles, specifications and estimates, to advertise for

sealed proposals for furnishing the materials and performing the

work necessary in making the improvement.