Okla. Stat. tit. 74, § 74-85.33

This is the official text of Okla. Stat. tit. 74, § 74-85.33, part of Oklahoma’s Stat. tit. 74, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 74,." Browse the sections below, each linked to its official government source.

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Registration of State Vendors Revolving Fund

Official statutory text

A. There is hereby created in the State Treasury a revolving

fund for the Office of Management and Enterprise Services to be

designated the "Registration of State Vendors Revolving Fund". The

fund shall consist of any monies received from fees collected in

accordance with subsection B of this section. The revolving fund

shall be a continuing fund, without legislative appropriation, not

subject to fiscal year limitations, and shall be under the control

and management of the Office of Management and Enterprise Services.

Expenditures from the Registration of State Vendors Revolving Fund

shall be budgeted and expended pursuant to the laws of the state and

the statutes relating to public finance. The fund shall be used to

defray the costs of the Purchasing Division. Warrants for

expenditures from the fund shall be drawn by the State Treasurer,

based on claims signed by an authorized employee or employees of the

Office, and approved for payment by the Director of the Office of

Management and Enterprise Services.

B. The Office of Management and Enterprise Services may collect

a fee of Twenty-five Dollars ($25.00) to register suppliers that

desire to do business with this state through the Purchasing

Division. The suppliers shall register separately for each

commodity list. Each registration shall entitle the supplier to be

on that list for one (1) year, to receive all bid notices in that

classification for that period. All fees collected in accordance

with this subsection shall be deposited in the revolving fund

created in subsection A of this section.

Status: in_force · Read it on the official government site

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