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§ 32.02 FUNDS SECURED BY UNIT COLLATERAL SYSTEM.
   The deposits of the town shall be secured by the Unit Collateral System provided by state statutes.
(Prior Code, § 7-102)
Statutory reference:
   Unit Collateral System, see 62 O.S. §§ 516.1 et seq.
§ 32.03 CONTRACTUAL SERVICES DEFINED FOR PURCHASING.
   For the purpose of this chapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
   CONTRACTUAL SERVICES. Services performed for the town by persons not in the employment of the town, and may include the use of equipment or the furnishing of commodities in connection with said services under express or implied contract. CONTRACTUAL SERVICES shall include travel, freight, express, parcel post, postage, telephone, telegraph, utilities, rents, printing out, binding, repairs, alterations and maintenance of buildings, equipment, streets and bridges, and other physical facilities of the town, and other services performed for the town by persons not in the employment of the town.
(Prior Code, § 7-103)
§ 32.04 PURCHASES.
   All purchases of supplies, materials, equipment, and contractual services for the offices, departments, and agencies of the town government, shall be made by the town’s Board of Trustees or by other town personnel in accordance with purchase authorizations issued by the town’s Board of Trustees.
(Prior Code, § 7-104) Penalty, see § 32.99
§ 32.05 WHEN PRIOR APPROVAL IS REQUIRED.
   Every contract for, or purchase of, supplies, materials, equipment, or contractual services for more than $2,500 shall require the prior approval of the town’s Board of Trustees; and under no circumstances may such contract or purchase be made without first obtaining the approval of the Board of Trustees.
(Prior Code, § 7-105) Penalty, see § 32.99
Statutory reference:
   Purchase Order Act, see 62 O.S. § 310.1
§ 32.06 COMPETITIVE BIDDING.
   (A)   Before any purchase of, or contract for, supplies, materials, equipment, or contractual services are made, as otherwise provided below, the town purchasing authority shall submit to at least three persons, firms, or corporations dealing in and able to supply the same, or to a smaller number if there are not three dealing in and able to supply the same, a request for quotation, or invitation to bid, and specifications, to give them opportunity to bid, and/or publish notice of the proposed purchase in a newspaper of general circulation within the town.
   (B)   He, she, or they shall favor a person, firm, or corporation in the town when this can be done without additional cost to the town, but he, she, or they shall submit requests for quotation to those outside the town when this may be necessary to secure bids or to create competitive conditions, or when he, she, or they thinks that by so doing he, she, or they can make a saving for the town, and shall purchase from them when he, she, or they can make a saving for the town.
   (C)   All bids shall be sealed and shall be opened in public at a designated time and place.
   (D)   He, she, or they may repeatedly reject all bids, and again may submit to the same or other persons, firms or corporations the request for quotation, or invitation to bid, and/or again publish notice of the proposed purchase.
   (E)   He, she, or they may purchase from the bidder whose bid is most advantageous to the town, considering price, quality, date of delivery and so on, and in case of a tie, may purchase from one of those tying, or may divide the purchase among those tying, always accepting the bid or bids most advantageous to the town.
(Prior Code, § 7-106) (Ord. 2019-03, passed 4-1-2019) Penalty, see § 32.99
Statutory reference:
   Public Competitive Bidding Law, see 61 O.S. §§ 101 et seq.
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