Oklahoma § 74-85.43 - Annual report of acquisitions
Full text of Oklahoma Oklahoma Statutes § 74-85.43 — Annual report of acquisitions, with citation guidance and answers to common questions.
§ 74-85.43. Annual report of acquisitions
A. Each chief administrative officer of a state agency shall
submit to the State Purchasing Director by November 1 of each year a
report listing all acquisitions exceeding the agency's acquisition
threshold amount for the preceding fiscal year and identify the
following:
1. Professional services contracts;
2. Nonprofessional services contracts;
3. Sole source and sole brand acquisitions; and
Oklahoma Statutes - Title 74. State Government
4. Contracts for the leasing of personal property other than a
lease acquisition utilizing a statewide contract.
B. The report shall contain:
1. The name of the supplier;
2. A description of each acquisition;
3. The purchase price of the acquisition; and
4. The total amount expended to date for the preceding fiscal
year for the acquisition.
C. The state agency shall additionally submit the report to the
State Auditor and Inspector and, upon request, to any member of the
Appropriations and Budget Committee of the House of Representatives
or Appropriations Committee of the Senate.
D. The State Auditor and Inspector shall review the report for
compliance with statutes and rules or other provisions of law
applicable to sole source and sole brand acquisitions.
Added by Laws 1986, c. 173, § 8, emerg. eff. May 12, 1986. Amended
by Laws 1998, c. 371, § 11, eff. Nov. 1, 1998; Laws 1999, c. 289, §
13, eff. July 1, 1999; Laws 2009, c. 322, § 13; Laws 2012, c. 304, §
756; Laws 2020, c. 98, § 20, eff. Nov. 1, 2020.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 74-85.43
What does Oklahoma Statutes § 74-85.43 cover?
Section 74-85.43 ("Annual report of acquisitions") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 74-85.43?
A common citation format is "Oklahoma Statutes § 74-85.43" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 74-85.43 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.