Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 330. Oklahoma Housing Finance Agency |
Chapter 15. Single Family Mortgage Loan Program |
Subchapter 9. Bonds |
SECTION 330:15-9-5. Competitive bidding
Latest version.
- Competitive bidding as required by 62 O.S., Section 695.1 et seq. Oklahoma Bond Oversight and Reform Act or other state laws shall be complied with for all programs. The requirements for particular services or goods for a particular program shall be set as the Trustees may determine to be necessary under the market conditions prevalent at the time the program is being developed and as may be determined by the Trustees in their discretion at the time of finalization of the program in question. By way of illustration, and not as a limitation, such services or goods for a particular program requiring competitive bidding in some form may include one or more of the following:(1) Underwriters.(2) Bond Trustee.(3) Bond Counsel.(4) Tax Counsel.(5) Cash flow certifications.(6) Printing of bonds and official statements, etc.(7) Credit enhancements.