Subcontractors praise new Oklahoma law
Measure is intended to level the playing field between Oklahoma contractors and those from out of state that are bidding on public construction projects.
Oklahoma contractors are hailing a new state law aimed at leveling the playing field with out-of-state contractors.
When House Bill 2258 takes effect Nov. 1, contractors on public construction projects, upon written request, must show proof of current employer identification number issued by the Oklahoma Tax Commission, the Oklahoma Employment Security Commission, the Internal Revenue Service and the Social Security Administration.
The contractor would have to provide the numbers before bidding on an in-state, public project or be subject to a penalty.
If the contractor fails to do so, the contractor will be fined...
View full article on Oklahoman.com
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