Oklahoma Statutes (Last Updated: September 18, 2014)

§ 11-24-114. Acquisition and Construction Contracts.

Latest version.

The Authority shall be subject to the provisions of the Public Competitive Bidding Act, as provided by Sections 101 et seq. of Title 61 of the Oklahoma Statutes, provided, however, where the Authority is purchasing an undivided interest in a project that is being constructed or operated by another person, the initial purchase of such interest by the Authority and any contracts entered into by such person while acting as agent for the Authority in connection with such project shall not be subject to the provisions of such act.

Added by Laws 1981, c. 218, § 14, emerg. eff. June 2, 1981.

                    
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