Pertinent information regarding IT Acquisitions follows:
What is it?
“Information technology” is defined 62 O.S. §34.29 regarding accessibility. Also, “information technology assets” is defined in 62 O.S. §35.3. As a practical matter, whether a particular product or service is “information technology” is not always clear. As technology becomes more embedded in everyday products, products and services that formerly had no connection to IT now include an IT component that may cause the Acquisition to be an IT Acquisition. Consulting the Information Services team is the best practice if there is a question whether a product or service is IT.
