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Section 15-4-315 - Small procurements — Arkansas Law | CourtGPT
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  8. Section 15-4-315 - Small procurements
Arkansas Legal Code

Section 15-4-315 - Small procurements

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To assist the state in ensuring that the percentages of the total amount expended in state-funded and state-directed public construction programs and procurement of commodities and services for the state each fiscal year under § 15-4-302 are paid to minority business enterprises and women-owned business enterprises under this subchapter, a procurement that does not exceed two (2) times the amount stated in § 19-11-204(13) may be procured without seeking competitive bids or competitive sealed bids if the procurement is with a certified minority business enterprise or certified women-owned business enterprise.Added by Act 2017, No. 1080,§ 2, eff. 8/1/2017.