Oklahoma
For Oklahoma, payment bond threshold is Under $50,000; bond amount is 100 percent of the contract amount; claim deadline is No action shall be brought on said payment bond after one year from the date on which the last of the labor was performed or materials or parts furnished; preliminary notice required is must give written notice to the contractor and surety on said payment bond within 90 days from the date on which said person did or performed the last of the labor or furnished or supplied the last of the material or parts; statutory citation is Oklahoma Statutes, Title 61, §61.2, verified against its source on 2026-08-17.
- State
- Oklahoma our reading
- Payment bond threshold
- Under $50,000 verified
- Bond amount
- 100 percent of the contract amount verified
- Claim deadline
- No action shall be brought on said payment bond after one year from the date on which the last of the labor was performed or materials or parts furnished verified
- Preliminary notice required
- must give written notice to the contractor and surety on said payment bond within 90 days from the date on which said person did or performed the last of the labor or furnished or supplied the last of the material or parts verified
- Statutory citation
- Oklahoma Statutes, Title 61, §61.2 verified
Values marked our reading are our classification of what the source says — the source does not print them in those words. The quote below is the evidence for each one; judge it yourself.
What the source says
OKLAHOMA Amount of Bond: 100 percent of the contract amount. Labor and Material Covered: All indebtedness by contractor or his subcontractors for labor and materials and repairs to and parts for equipment used and consumed in the performance of said contract. Notice Required: Any person having direct contractual relationship with a subcontractor performing work on said contract but no contractual relationship expressed or implied with contractor furnishing said payment bond must give written notice to the contractor and surety on said payment bond within 90 days from the date on which said person did or performed the last of the labor or furnished or supplied the last of the material or parts for which such claim is made stating with substantial accuracy the amount claimed and the names of the parties to whom the material or parts were supplied or for whom the labor was done or performed. Such notice is required to be served by registered or certified mail, postage prepaid, in an envelope addressed to the contractor at any place he maintains an office or conducts his business together with a copy thereof to the surety or sureties on said payment bond. Time for Suit: No action shall be brought on said payment bond after one year from the date on which the last of the labor was performed or materials or parts furnished for which such claim is made. Contracts Excluded: Under $50,000. Penalty for Failure to Take Bond: No special statutory provisions. Statutory Citation: Oklahoma Statutes, Title 61, §61.2.
— fullertonlaw.com, retrieved 2026-08-17
Source
- fullertonlaw.comhttps://fullertonlaw.com/50-state-summary-payment-bond-law