OK SB788

Contractors must prove they have current employer identification numbers from the Oklahoma Tax Commission, Oklahoma Employment Security Commission, IRS, and Social Security Administration, plus a workers' compensation policy complying with Title 85 of Oklahoma Statutes

Nonresident contractor workers' compensation policies must show "Oklahoma" or "All States" for Other States Insurance on Section 3C of the policy

Contractors must provide required documentation and proof of surety bond (if required) to the administering agency before commencing work on any contract

Contractors who fail to provide required information or bond proof face fines from the Oklahoma Tax Commission of up to 10% of the contractor's total bid, in addition to other penalties

Contractors on public construction projects who fail to provide proof of required documentation, work without proper registration, or intentionally misclassify employees as independent contractors face fines up to 10% of total bid