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§ 2-411 — Formal contracts; when required

Oklahoma City Municipal Code (Supp. No. 5, Update 1: codified through Ordinance No. 28070, adopted April 21, 2026) · Oklahoma City Municipal Code § 2-411

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§ 2-411. - Formal contracts; when required.

(a) All supplies and/or contractual services with an estimated cost exceeding $50,000.00 in City funds shall be purchased by formal written contract from the lowest and best bidder, after due notice inviting bids. (b) All sales, other than sales to other units of government, of surplus property, when the estimated value of such property exceeds $50,000.00, shall be sold by formal written contract or through a public auction to the highest and best bidder, after due notice inviting bids. (c) The provisions of Article IX, Section 4, of the City Charter that relate to letting contracts by competitive bids shall apply to any purchase of supplies and/or contractual services that exceeds $50,000.00 in City funds.

(Code 1970, § 14-38; Code 1980, § 2-271; Ord. No. 19343, § 2, 1-9-90; Ord. No. 21624, § 1, 12-19-00; Ord. No. 24940, § 2, 8-12-14; Ord. No. 27276, § 1, 2-14-23)