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§61-2.
§61-2.
A. Bonds shall be filed in the office of the agency, institution,
department, commission, municipality or government instrumentality
that is authorized by law and does enter into contracts for the
construction of public improvements or buildings, or repairs to the
same; and the officer with whom the bond is filed shall furnish a copy
thereof to any person claiming any rights thereunder. Any person to
whom there is due any sum for labor, material or repair to machinery
or equipment, furnished as stated in Section 1 of this title, the
heirs or assigns of such person, may bring an action on the bond for
the recovery of the indebtedness, provided that no action shall be
brought on the bond after one (1) year from the day on which the last
of the labor was performed or material or parts furnished for which
the claim is made.
B. Any person having direct contractual relationship with a
subcontractor performing work on the contract, but no contractual
relationship express or implied with the contractor furnishing the
payment bond, shall have a right of action upon the payment bond only
upon giving written notice to the contractor and surety on the payment
bond within ninety (90) days from the date on which such person did or
performed the last of the labor or furnished or supplied the last of
the material or parts for which the claim is made, stating with
substantial accuracy the amount claimed and the name of the party to
whom the material or parts were furnished or supplied or for whom the
labor was done or performed. The notice shall be served by mailing the
same by registered or certified mail, postage prepaid, in an envelope
addressed to the contractor at any place the contractor maintains an
office or conducts business, together with a copy thereof to the
surety or sureties on the payment bond.
C. 1. The bond or irrevocable letter of credit issued to the Oklahoma
Department of Transportation or the Oklahoma Turnpike Authority,
pursuant to this section, shall also provide that the contractor shall
pay all state and local taxes accruing as a result of the contract,
any liquidated damages as provided by the contract and any overpayment
of progressive estimates resulting in a balance due and owing the
Oklahoma Department of Transportation or the Oklahoma Turnpike
Authority.
2. A claim against the bond or irrevocable letter of credit for
delinquent taxes shall be made by the public entity to which the tax
was payable. The claim shall be made within six (6) months from the
date on which the tax became delinquent. Notice of the delinquent tax
shall be sent by certified mail to the surety, and a copy of the
notice shall be sent to the contractor. Nothing in this paragraph
shall be construed to release, at any time, the contractor from
responsibility for full payment of all taxes.
3. A claim against the bond or irrevocable letter of credit for
overpayment on progressive estimates shall be made by the public
entity within one (1) year from the date of final acceptance of the
project. Notice of the overpayment shall be sent by certified mail to
the surety and a copy of the notice shall be sent to the contractor.
Nothing in this paragraph shall be construed as to release, at any
time, the contractor from the responsibility of refunding any amount
overpaid on progressive estimates which are due and owing the Oklahoma
Department of Transportation.
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