Purchases in excess of $25,000 must be reported to the Budget & Audit Committee. These purchases shall be made on the basis of one of the following processes:

1. (1) Formal Solicitation process.

2. (2) Alternatives to the formal bid process. Purchases may be made from purchase orders or purchase contracts or at a price equivalent to purchase order or purchase contracts that have been awarded to a vendor(s) on the basis of competitive bids by any of the following entities:

   1. (A) The Office of Management and Enterprise Services;
   2. (B) Colleges, universities, and other entities within the state system;
   3. (C) General Services Administration; and
   4. (D) Purchasing consortia.

Added at 20 Ok Reg 2149, eff 6-26-03

Amended at 23 Ok Reg 3038, eff 7-13-06

Amended at 25 Ok Reg 2589, eff 7-11-08

Amended at 39 Ok Reg 2109, eff 9-11-22