Oklahoma § 74-85.33 - Registration of State Vendors Revolving Fund

§ 74-85.33. Registration of State Vendors Revolving Fund

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.

Added by Laws 1977, c. 243, § 11, emerg. eff. June 15, 1977.

Amended by Laws 1983, c. 304, § 115, eff. July 1, 1983; Laws 1998,

c. 371, § 8, eff. Nov. 1, 1998; Laws 1999, c. 289, § 9, eff. July 1,

1999; Laws 2003, c. 372, § 6, eff. July 1, 2003; Laws 2012, c. 304,

§ 752; Laws 2013, c. 244, § 3, eff. Nov. 1, 2013; Laws 2020, c. 98,

§ 15, eff. Nov. 1, 2020.

§74-85.33A. Contract Management Revolving Fund.

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

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.

Added by Laws 2003, c. 342, § 5. Amended by Laws 2012, c. 304, §

753; Laws 2020, c. 98, § 16, eff. Nov. 1, 2020.

§74-85.33B.

Repealed by Laws 2020, c. 98, § 48, eff. Nov. 1, 2020.