SECTION 240:1-5-2. Definitions  


Latest version.
  •   The following words and terms, when used in this Chapter, shall have the following meaning, unless the context clearly indicates otherwise:
    "Commission" means the Oklahoma Employment Security Commission.
    "Local project funding contract" means an agreement made pursuant to Executive Order 98-37, not subject to statutory competitive bidding requirements, between a state agency and a local governmental entity or a private entity, or both, in which the state agency agrees to provide funding to accomplish a public purpose. The direct benefits of a local project funding contract shall accrue primarily to a local population rather than the state as a whole.
    "Local Project Administrator" means the person employed by an entity that is awarded a local project funding contract, or the person employed by an entity that will be the fiscal agent acting on behalf of a group of entities that have collaborated to obtain a local project funding contract. The local project administrator will:
    (A)   Serve as the point of contact with the Commission;
    (B)   Submit and attest to the accuracy of all reports; and
    (C)   Receive payment of all funds and manage the funds.
    "LPF Auditor" means the employee of the Commission designated by the Executive Director to be responsible for monitoring all local project funding contracts after an award of the contract has been made.
    "LPF Officer" means the employee of the Commission designated by the Executive Director to be responsible for reviewing all local project funding contract proposals, and who will award contracts to the successful applicants.
[Source: Added at 20 Ok Reg 832, eff 5-12-03]