Okla. Stat. tit. 69, § 4026
Provisions in Contracts Made by Department of Transportation with Contractors
Effective Sep 1, 1993Laws 1988, SB 519, c. 126, § 6, emerg. eff. April 8, 1988; Amended by Laws 1993, HB 1279, c. 228, § 2, eff. September 1, 1993.
All contracts made by the Department of Transportation with the contractor shall provide the following:
- 1. A requirement that the contractor obtain liability insurance in an amount determined by the Department which shall jointly insure the State of Oklahoma and the contractor against all liability for claims for damages occurring wholly or in part because of the contract;
- 2. Standards for the size, design, erection and maintenance of service information signs and the advertising logos thereon, which shall be in accordance with the National Manual on Uniform Traffic Control Devices; and
- 3. A requirement that the Department of Transportation shall receive ten percent (10%) of the contract price between the contractor and the advertiser.
Laws 1988, SB 519, c. 126, § 6, emerg. eff. April 8, 1988; Amended by Laws 1993, HB 1279, c. 228, § 2, eff. September 1, 1993.