Okla. Stat. tit. 74, § 74-85.33A
This is the official text of Okla. Stat. tit. 74, § 74-85.33A, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Contract Management 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 "Contract Management Revolving Fund". The fund shall
consist of any monies received from fees, levies or rebates the
Office receives 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 Contract Management
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
Oklahoma Statutes - Title 74. State Government Page 177
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 State Purchasing Director may enter into or award
contracts that provide a contract management fee, levy or rebate to
the Office of Management and Enterprise Services. The State
Purchasing Director shall ensure that a contract that provides a
management fee, levy or rebate provides value to acquiring agencies
exceeding open market acquisition costs.
fund for the Office of Management and Enterprise Services to be
designated the "Contract Management Revolving Fund". The fund shall
consist of any monies received from fees, levies or rebates the
Office receives 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 Contract Management
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
Oklahoma Statutes - Title 74. State Government Page 177
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 State Purchasing Director may enter into or award
contracts that provide a contract management fee, levy or rebate to
the Office of Management and Enterprise Services. The State
Purchasing Director shall ensure that a contract that provides a
management fee, levy or rebate provides value to acquiring agencies
exceeding open market acquisition costs.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.