Central purchasing; requiring certain vendors to submit certain information with competitive bid; directing Office of Management and Enterprise Services to conduct annual audits of certain vendors. Effective date.

SB 270 requires vendors bidding on Oklahoma state contracts to submit annual affidavits confirming no financial improprieties (such as fraud, corruption, or embezzlement) by their executives, officers, directors, or investors. Vendors must provide the first affidavit with their initial bid, followed by annual updates starting January 1 each year. If an affidavit discloses improprieties, the Office of Management and Enterprise Services (OMES) must conduct annual financial reviews of the vendor. The bill defines "financial impropriety" broadly to include dishonest, illegal, or unethical activities causing financial loss. It takes effect November 1, 2025.