{"data":{"id":"us-ok/okla.-stat.-tit.-62-62-34.62","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 62, § 62-34.62","heading":"Encumbrance requirements for payment of state funds","body":"Encumbrance requirements for payments from funds of the state\n\nshall include the following:\n\n1. Whenever agencies of this state enter into contracts for, or\n\non behalf of the state for the purchase of tangible or intangible\n\nproperty, or for services or labor, such agreement shall be\n\nevidenced by written contracts or purchase orders, and must be\n\ntransmitted to the Director of the Office of Management and\n\nEnterprise Services within a reasonable time from the date of the\n\nawarding of the contract or purchase order, as determined by the\n\nDirector;\n\n2. The Director of the Office of Management and Enterprise\n\nServices shall charge such contracts or purchase orders against the\n\nproper account as an outstanding order until it is liquidated by\n\npayment of a claim, or claims, against the contracts or purchase\n\norders, or by cancellation of the contract or purchase order;\n\n3. The Director of the Office of Management and Enterprise\n\nServices shall have the power to authorize agencies of the state to\n\nmake acquisitions without the submission of competitive bids or\n\ncompliance with the state purchase card program as otherwise\n\nrequired by the Oklahoma Central Purchasing Act, for or on behalf of\n\nthe state whenever the Director determines that it is in the best\n\ninterests of the state. The administrative head of any agency shall\n\nbe personally liable for obligations incurred in excess of the\n\nauthorization granted by the Director;\n\n4. The Director of the Office of Management and Enterprise\n\nServices shall never authorize payment of claims for any agency of\n\nthe state unless they are supported by:\n\na. contracts or purchase orders of the Office of\n\nManagement and Enterprise Services,\n\nb. institutional purchase orders or contracts,\n\nc. departmental purchase orders or contracts, or\n\nd. authorizations for purchases granted by the Director\n\nas provided by paragraph 3 of this section;\n\n5. Any invoice or claim dated prior to the date of any of the\n\nabove-mentioned encumbrance documents shall be rejected by the\n\nOffice of Management and Enterprise Services;\n\n6. Any encumbrance document that is outstanding on the records\n\nin the Office of Management and Enterprise Services when its funding\n\nsource or sources lapse shall be canceled, unless another current\n\nfunding source is assigned; and\n\n7. The Commissioners of the Land Office shall be authorized to\n\nmake payment of fees to its custodial banks, investment consultants\n\nand investment managers from the proceeds of total realized\n\ninvestment gains and such payments may be made from a special fund\n\nhereby created in the State Treasury for this purpose. Total\n\npayments for this purpose in a fiscal year shall not exceed one-half\n\npercent (0.5%) of the market value of the funds under the\n\nCommissioners' management on June 30 of the previous fiscal year.","path":["OK Code","Title 62"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os62.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"848e5310f7c56a361f47480a576327d5eb683cc81ba36402d0aa0c9e4f562699","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-62-62-34.61","next":"us-ok/okla.-stat.-tit.-62-62-34.63"},"notice":"GroundRules: Original legal text. Not legal advice."}