Board of Regents Meeting Schedule


Purchasing E-news Past Issues Volume 1 (2004)

Late Payments to Vendors

Late Payment To Vendors - New Interest Rate - FY 2017
The fiscal year 2017 interest rate applicable to late payments to vendors has been set at 0.11% per annum, or $0.0003 per $100 per day, which will be in effect July 1, 2016, through June 30, 2017. This interest rate is provided by the State Treasurer based on the average interest rate for thirty day time deposits of state funds during the last calendar quarter of the last preceding fiscal year. (62 O.S. § 34.71 & 34.72 and 74 O.S. § 500.16A and OMES Prompt Payment Rules/Regulations)
– Posted 7/30/14

Purchasing Seminars for Faculty and Staff

None scheduled at this time.