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Bill > HB2743
OK HB2743
OK HB2743Competitive bidding; cooperative purchasing agreements; effective date; emergency.
summary
Introduced
02/03/2025
02/03/2025
In Committee
04/15/2025
04/15/2025
Crossed Over
03/26/2025
03/26/2025
Passed
05/29/2025
05/29/2025
Dead
Signed/Enacted/Adopted
05/29/2025
05/29/2025
Introduced Session
2025 Regular Session
Bill Summary
An Act relating to competitive bidding, amending 61 O.S. 2021, Section 139, which relates to authority to enter into cooperative purchasing agreements; limiting cooperative purchasing on new projects; requiring and limiting certain applications of funds; updating reference; defining term; providing an effective date; and declaring an emergency. SUBJECT: Competitive bidding
AI Summary
This bill modifies Oklahoma's existing law regarding cooperative purchasing agreements by adding several key provisions. The bill clarifies that cooperative purchasing agreements cannot include new construction projects, and stipulates that all funds must be applied directly towards chargeables under the agreements or their administrative costs, explicitly prohibiting any entity from taking a percentage of funds as profit. The bill also provides a specific definition of "new construction" as any previously unoccupied or unused building, with explicit exceptions for structures like bus barns, agriculture barns, storage buildings, and batting cages. Additionally, the bill updates references to state purchasing terminology, such as changing "state Purchasing Division" to "Purchasing Division of the Office of Management and Enterprise Services" and adding "(of 1974)" to references of the Public Competitive Bidding Act. The legislation is set to become effective on July 1, 2025, and includes an emergency clause that allows it to take effect immediately upon passage and approval, reflecting its importance for public procurement practices and transparency.
Committee Categories
Budget and Finance, Labor and Employment
Sponsors (2)
Last Action
Becomes law without Governor's signature 05/29/2025 (on 05/29/2025)
Official Document
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