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74 O.S. § 85.44C. Contract Allowing Supplier or Service provider to Acquire Ownership of Material or Equipment Furnished Pursuant to Contract

It shall be unlawful for any state agency, whether or not such state agency is subject to the Oklahoma Central Purchasing Act, to enter into any contract which provides for the state or state agency to furnish material or equipment to be used by the supplier or service provider contracting with the state in the performance of the contract if the contract allows the supplier or service provider to acquire ownership of the material or equipment during or after the term of the contract in any manner other than through competitive bidding or a public sale procedure.

Purchasing Reference Guide

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