Okla. Stat. tit. 74, § 74-85.45a
This is the official text of Okla. Stat. tit. 74, § 74-85.45a, 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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Legislative intent
Official statutory text
It is recognized by this state that the preservation and
expansion of the American economic system of private enterprise is
through free competition, but it is also recognized that the
security and well-being brought about by such competition cannot be
realized unless the actual and potential capacity of minority
business enterprises is encouraged and developed. Therefore, it is
the intent of the Legislature that the state ensure that minority
business enterprises are not underrepresented in the area of
procurement of state contracts for construction, services, equipment
and goods. It is further the intent that this state provide for the
aggressive solicitation of minority business enterprises, provide a
feasibility study on a Small Business Surety Bond Guaranty Program,
provide other programs targeted for assisting minority business
enterprises in qualifying for state bids, and establish a percentage
preference bid program for minority business enterprises who desire
to participate in such program.
expansion of the American economic system of private enterprise is
through free competition, but it is also recognized that the
security and well-being brought about by such competition cannot be
realized unless the actual and potential capacity of minority
business enterprises is encouraged and developed. Therefore, it is
the intent of the Legislature that the state ensure that minority
business enterprises are not underrepresented in the area of
procurement of state contracts for construction, services, equipment
and goods. It is further the intent that this state provide for the
aggressive solicitation of minority business enterprises, provide a
feasibility study on a Small Business Surety Bond Guaranty Program,
provide other programs targeted for assisting minority business
enterprises in qualifying for state bids, and establish a percentage
preference bid program for minority business enterprises who desire
to participate in such program.
Status: in_force · Read it on the official government site
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