Okla. Admin. Code § 725:30-22-4

Current through Vol. 41, No. 19, June 17, 2024

Section 725:30-22-4 - General lease requirements

(a) The Lease shall be prepared reflecting the terms and conditions of the RFP and the response of the successful bidder.

(b) The following issues shall be included in all Concession Leases:

(1) Providing all final and as-built construction documents to the Department;

(2) Required owner approval for all construction;

(3) Compliance with all applicable Federal and Oklahoma laws;

(4) Conditions on which the Department may terminate the Concession Lease;

(5) Calculation of all Concession Commission or Royalty Payments due to Department; and

(6) Assignment, purchase or conveyance of any right under the Concession Lease must be approved by the Department in writing and any owner of the property as may be required by contract.

Okla. Admin. Code § 725:30-22-4

Added at 20 Ok Reg 1360, eff 5-27-03

Amended by Oklahoma Register, Volume 37, Issue 24, September 1, 2020, eff. 9/11/2020

Amended by Oklahoma Register, Volume 39, Issue 24, September 1, 2022, eff. 9/11/2021