Okla. Stat. tit. 44, § 44-233.3: Construction contracts - Sale, disposition, demolition

or transfer of property - Proceeds.

A. The Adjutant General or a representative of the State of

Oklahoma is hereby authorized and directed to enter into contracts

in the name of the state for the purpose of this title and shall:

1. Result in contracts awarded to the lowest and best bidder,

approved by the Department of the Army or other representative

federal agency, and that any contractor, to whom a contract may be

awarded hereunder, shall execute with a qualified surety company,

doing business in this state, as surety, bonds in such amounts and

with such conditions as prescribed by law and by the Department of

the Army or other representative federal agency. Such bonds shall

be upon a form with such conditions and in such amounts as may meet

the requirements of the representative federal agency and in such

further amounts as willfully protect and cover the construction

contributions of the state;

2. Assure that any contracts requiring federal funds are

awarded in the same federal fiscal year of appropriation by

Congress;

3. Result in full compliance with federal military construction

standards; and

4. Result in full compliance with all state building codes.

B. The Adjutant General is authorized to sell or dispose of

property and improvements thereon. The Adjutant General is

authorized to demolish structures owned or controlled by the

Military Department. The Adjutant General may transfer title to any

property and improvements thereon to a municipality, county, state

agency, or other public or non-profit entity. The Oklahoma Military

Department shall be exempt from the Oklahoma Surplus Property Act

for purposes of selling surplus property. Necessary deeds and other

conveyances shall be executed by the Adjutant General in the name of

the State of Oklahoma.

Proceeds of the sale or other disposition of such property shall

be deposited in a revolving fund in the State Treasury designated as

the Surplus Property Revolving Fund of the Oklahoma Military

Department. Monies deposited in such revolving fund may be expended

by the Adjutant General, for construction, repairs, and maintenance,

or equipment for facilities of the Oklahoma National Guard.