As used in the Oklahoma Privatization of State Functions Act: 1. "Agency" means an agency, board, commission or other entity of state government; 2. "Cost analysis" means a study that includes, but is not limited to: a. all direct personnel costs, materials and supplies, equipment, capital and equipment depreciation costs, rent, maintenance and repairs, utilities, insurance, travel, operations overhead, and general administrative overhead associated with privatization of a function, program, service, unit, or division, b. a feasibility study determining whether other state agencies could perform the function, program, service, unit, or division sought to be privatized, c. an analysis of the cost savings and quality enhancements expected to be gained by privatizing, and d. any other provisions that may be required by rules adopted by the Office of Management and Enterprise Services related to privatization; 3. "Cost analysis report" means a written report of the cost analysis; and 4. "Privatize" means to enter into contract for the performance of a duty or function which is currently being performed by a state employee.
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