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Attorney General Opinion No. 84-137

Oklahoma Water Resources Board must comply with the Central Purchasing Act but whether underwriters, trustee banks, and bond insurers of bond issues of the Board are subject to the provisions of the Central Purchasing Act, including the competitive bid requirements therein, depends upon whether the Board is purchasing (acquiring) materials, supplies, equipment, or services from the underwriter, trustee bank or bond issuer. If such an acquisition is occurring, then the Central Purchasing Act applies. Where, however, an underwriter is solely purchasing the bonds and is providing no attendant services, the Central Purchasing Act does not apply. See 74 O.S. §§ 85.2 and 85.5; 62 O.S. §§695.3 and 695.11; and Opinion No. 84-135.

Purchasing Reference Guide

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