Oklahoma HB3418 amends the Public Competitive Bidding Act of 1974, modifying bidding procedures and requirements for public construction contracts.

Oklahoma HB3418 amends the Public Competitive Bidding Act of 1974, introducing changes to bidding procedures and requirements for public construction contracts. The bill mandates that public agencies consider bids or quotes for lower costs that substitute items or services with equivalent quality and performance. It also prohibits public agencies from writing bid or quote specifications to restrict bids or quotes. The act extends applicability to quotes, requires contractors and vendors to disclose ownership interests, and prohibits bid splitting.

Oklahoma HB3418 amends the Public Competitive Bidding Act of 1974, modifying bidding procedures and requirements for public construction contracts.

Oklahoma HB3418 amends the Public Competitive Bidding Act of 1974, introducing changes to bidding procedures and requirements for public construction contracts. The bill mandates that public agencies consider bids or quotes for lower costs that substitute items or services with equivalent quality and performance. It also prohibits public agencies from writing bid or quote specifications to restrict bids or quotes. The act extends applicability to quotes, requires contractors and vendors to disclose ownership interests, and prohibits bid splitting.