Oklahoma SB334 modifies price thresholds for construction contract negotiations with qualified contractors.
Oklahoma SB334 amends the price thresholds for certain construction contract negotiations with qualified contractors. It modifies the thresholds for contracts exceeding $100,000, $50,000, and $25,000, allowing for lower thresholds to be negotiated with qualified contractors. The bill also declares an emergency, making it effective immediately upon passage and approval.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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