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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 260. Office of Management and Enterprise Services |
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Chapter 10. Prompt Payment to Vendors and Employees of the State of Oklahoma Through the Payment of Interest on Late Payments |
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Subchapter 3. Vendor and Employee Interest Claim Procedures |
SECTION 260:10-3-1. Agency Payments
Latest version.
- Agencies shall implement internal procedures to insure that they will make payment to vendors or employees within forty-five (45) days of receipt of a proper invoice or proper claim. If an agency fails to make payment within the forty-five (45) days, the vendor or employee shall be entitled to claim interest.