A. Contracting Authority. The Treasurer shall develop financial and accounting policies for the Osage Nation. The proposed financial and accounting policies shall be subject to review and approval by the Osage Nation Congress. The Treasurer and any person(s) designated by the Treasurer in writing shall have the authority to contract for, purchase and/or issue and approve purchase requisitions, purchase orders and authorizations for payment for any and all goods and services for all programs, offices, divisions, departments and agencies of the Osage Nation; provided, however, any such contracts, purchases, purchase orders and authorizations for payment in excess of Two Hundred Fifty Thousand Dollars ($250,000.00) must first be approved in writing by the Principal Chief. The Principal Chief’s approval authority may be delegated by him in writing to the Assistant Principal Chief in the event the Principal Chief is absent or unavailable and therefore unable to give such written approval; provided, that the delegation shall be limited to the duration of such absence or unavailability. All purchases of goods and/or services must be made in accordance with an approved budget and an appropriation by the Osage Nation Congress.

B. Obligating Funds. Notwithstanding any other provision of law heretofore enacted by the Osage Nation Congress, the Treasurer shall have the authority to sign or endorse any check, draft or other written instrument of payment drawn on any account of the Osage Nation; provided, that any such instrument shall be in payment of a valid obligation or commitment of the Osage Nation made and authorized under appropriation and in accordance with the law. Provided, further, that any such instrument in excess of Two Hundred Fifty Thousand Dollars ($250,000.00) shall also be signed by the Principal Chief.

C. Exclusions. The provisions of this section shall not apply to funds or accounts which, pursuant to the provisions of duly enacted laws of the Osage Nation Congress, are appropriated by law and placed under the control of the Judicial Branch or under the direct control of the tribal enterprise boards and other authorities of the Osage Nation. ONCA 06-02, eff. Nov. 24, 2006; ONCA 12-118, eff. Sept. 28, 2012; ONCA 17-64, eff. Apr. 20, 2017; ONCA 23-14, eff. Jan. 19, 2023.