SENATE FLOOR VERSION - SB1838 SFLR Page 1
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SENATE FLOOR VERSION
March 3, 2022
AS AMENDED
SENATE BILL NO. 1838 By: Pugh and Dossett (J.A.)
[ state government - percentage of state contrac ts -
bid-preference program - codification - effective
date ]
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as Section 85.49 of Title 74, unless there
is created a duplication in numbering, reads as follows:
A. Beginning on July 1, 2024, five percent (5%) of all state
contracts shall be awarded to business es that have been in operation
for less than five (5) years.
B. For competitive bids submitted to the state pursuant to the
Oklahoma Central Purchasing Act or pursuant to the Publi c
Competitive Bidding Act of 1974 by eligible new corporations, the
State Purchasing Director shall prepare and implement a bid -
preference program. The program shall require that, if the
percentage of such funds expended on eligible new corporations is
less than ten percent (10%), a percentage shall be added to the
price of the lowest bid and if the eligible new corporation submits
a bid that falls below the lowest bid plus the percentage, it sha ll
receive the contract. As used in this subsection, "eligible new
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corporation" means a corporation validly licensed as provided in the
applicable laws of this state on and after the effective date of
this act.
SECTION 2. This act shall become effecti ve January 1, 2023.
COMMITTEE REPORT BY: COMMITT EE ON BUSINESS, COMMERCE AND TOURISM
March 3, 2022 - DO PASS AS AMENDED