§ 36.03 PURCHASING POLICY.
   (A)   All purchases of supplies, materials, equipment, and contractual services for the town shall be made by the Town Board of Trustees, or pursuant to authorizations granted by it.
   (B)   The Town Purchasing Authority shall contract for and purchase all supplies, materials, and equipment for the offices, departments, and agencies of the town. The Purchasing Authority may also transfer to or between offices, departments, and agencies, or sell surplus or obsolete supplies, materials, and equipment.
   (C)   Before a contract shall be entered into, or any such purchase made involving the expenditure of more than $25,000, or any sale made of property the value of which is more than $1,000, such contract or sale shall:
      (1)   Be approved by the Town Board of Trustees;
      (2)   Be submitted for competitive bidding, except as provided in this chapter; or
      (3)   Have written notice given by the town purchasing authority for sealed bids for the furnishing of such supplies, materials, or equipment where competitive bidding is required hereunder.
   (D)   The notice required in this section shall state the time and place for filing the bids, shall contain an ample description of the supplies, materials, and equipment to be purchased or sold, the time and place the bids will be opened, and that all bids may be rejected. The bids shall be in writing and sealed and filed with the Town Clerk/Treasurer prior to the time they are to be opened. The bids may be rejected or the town may readvertise for bids, or after due consideration thereof, may award a contract to purchase such supplies, materials, or equipment from the lowest and best responsible bidder. However, the Town Purchasing Authority may, at his or her option, purchase any such materials, supplies, and equipment through central purchasing of the state.
(Prior Code, § 7-103)
Statutory reference:
   Short title, see 61 O.S. § 101