Okla. Stat. tit. 74, § 74-85.33A: Contract Management Revolving Fund

A. There is hereby created in the State Treasury a revolving

fund for the Office of Management and Enterprise Services to be

designated the "Contract Management Revolving Fund". The fund shall

consist of any monies received from fees, levies or rebates the

Office receives in accordance with subsection B of this section.

The revolving fund shall be a continuing fund, without legislative

appropriation, not subject to fiscal year limitations, and shall be

under the control and management of the Office of Management and

Enterprise Services. Expenditures from the Contract Management

Revolving Fund shall be budgeted and expended pursuant to the laws

of the state and the statutes relating to public finance. The fund

shall be used to defray the costs of the Purchasing Division.

Warrants for expenditures from the fund shall be drawn by the State

Treasurer, based on claims signed by an authorized employee or

employees of the Office, and approved for payment by the Director of

the Office of Management and Enterprise Services.

B. The State Purchasing Director may enter into or award

contracts that provide a contract management fee, levy or rebate to

the Office of Management and Enterprise Services. The State

Purchasing Director shall ensure that a contract that provides a

management fee, levy or rebate provides value to acquiring agencies

exceeding open market acquisition costs.