diff --git a/okf/src/reference_agent/bundle/paths.py b/okf/src/reference_agent/bundle/paths.py
index 5f6b7c36..1b0e48c5 100644
--- a/okf/src/reference_agent/bundle/paths.py
+++ b/okf/src/reference_agent/bundle/paths.py
@@ -2,6 +2,7 @@
 
 import re
 from pathlib import Path
+from urllib.parse import urlparse
 
 _SEGMENT_RE = re.compile(r"[A-Za-z0-9_][A-Za-z0-9_.\-]*")
 
@@ -32,3 +33,47 @@ def parse_concept_id(s: str) -> tuple[str, ...]:
     for p in parts:
         _validate_segment(p)
     return parts
+
+
+def resolve_reference_path(
+    bundle_root: Path,
+    concept_path: Path,
+    reference: str,
+) -> str:
+    """Resolve an OKF §6.2 path-valued reference.
+
+    URLs are returned unchanged.
+
+    Bundle-relative paths beginning with '/' are interpreted relative
+    to the bundle root.
+
+    Other paths are interpreted relative to the directory containing
+    the concept document.
+
+    The returned bundle-relative paths always begin with '/'.
+    """
+    reference = str(reference).strip()
+
+    if not reference:
+        return reference
+
+    parsed = urlparse(reference)
+    if parsed.scheme:
+        return reference
+
+    bundle_root = bundle_root.resolve()
+    concept_path = concept_path.resolve()
+
+    if reference.startswith("/"):
+        candidate = (bundle_root / reference.lstrip("/")).resolve()
+    else:
+        candidate = (concept_path.parent / reference).resolve()
+
+    try:
+        relative = candidate.relative_to(bundle_root)
+    except ValueError as exc:
+        raise ValueError(
+            f"Reference escapes bundle root: {reference!r}"
+        ) from exc
+
+    return "/" + relative.as_posix()
diff --git a/okf/tests/test_paths.py b/okf/tests/test_paths.py
new file mode 100644
index 00000000..3399b5b3
--- /dev/null
+++ b/okf/tests/test_paths.py
@@ -0,0 +1,74 @@
+from __future__ import annotations
+
+from pathlib import Path
+
+import pytest
+
+from reference_agent.bundle.paths import (
+    concept_id_to_path,
+    parse_concept_id,
+    path_to_concept_id,
+    resolve_reference_path,
+)
+
+
+def test_concept_id_to_path():
+    root = Path("/bundle")
+    assert concept_id_to_path(root, ("tables", "orders")) == Path(
+        "/bundle/tables/orders.md"
+    )
+
+
+def test_path_to_concept_id():
+    root = Path("/bundle")
+    path = Path("/bundle/tables/orders.md")
+    assert path_to_concept_id(root, path) == ("tables", "orders")
+
+
+def test_parse_concept_id():
+    assert parse_concept_id("tables/orders") == ("tables", "orders")
+    assert parse_concept_id("/tables/orders/") == ("tables", "orders")
+
+
+def test_resolve_absolute_url_unchanged():
+    root = Path("/bundle")
+    concept = Path("/bundle/computations/revenue-ytd.md")
+
+    assert resolve_reference_path(
+        root, concept, "https://example.com/revenue"
+    ) == "https://example.com/revenue"
+
+
+def test_resolve_bundle_relative_path():
+    root = Path("/bundle")
+    concept = Path("/bundle/computations/revenue-ytd.md")
+
+    assert resolve_reference_path(
+        root, concept, "/tables/orders.md"
+    ) == "/tables/orders.md"
+
+
+def test_resolve_relative_path_from_concept_directory():
+    root = Path("/bundle")
+    concept = Path("/bundle/computations/revenue-ytd.md")
+
+    assert resolve_reference_path(
+        root, concept, "../tables/orders.md"
+    ) == "/tables/orders.md"
+
+
+def test_resolve_nested_relative_path():
+    root = Path("/bundle")
+    concept = Path("/bundle/computations/revenue-ytd.md")
+
+    assert resolve_reference_path(
+        root, concept, "skills/run-on-bq.md"
+    ) == "/computations/skills/run-on-bq.md"
+
+
+def test_resolve_relative_path_cannot_escape_bundle():
+    root = Path("/bundle")
+    concept = Path("/bundle/computations/revenue-ytd.md")
+
+    with pytest.raises(ValueError):
+        resolve_reference_path(root, concept, "../../outside.md")