The purpose of the Lease Purchase Agreement form is to obtain road machinery and equipment or other equipment for the county when bidding and purchasing under the County Purchasing Act in the Oklahoma Statutes.

• 19 O.S. § 1505 et seq
• 19 O.S. § 1505(B)

This form is used whenever a county officer or department makes a lease purchase agreement for equipment with the approval of the board of county commissioners.

• 62 O.S. § 430.1
• 69 O.S. § 636.3

The information comes from the bidding process and the submission from the successful vendor.

Note:
The back page of the Lease Purchase Agreement form is where the board of county commissioners signs off on the agreement, along with a representative of the vendor making the agreement with the county.