(a) As used in this subchapter, 'final business closure order' means a business closure order for which a contractor has either:(1) Waived further administrative review under § 26-18-1001 et seq.; or(2) Exhausted all remedies to appeal under § 26-18-1001 et seq.(b) The Revenue Division of the Department of Finance and Administration shall provide to the Office of State Procurement all final business closure orders entered into against a contractor.(c) Upon receipt of a final business closure order, the office shall, as soon as reasonably practicable: (1) Notify each state agency with which the contractor has a contract that the: (A) Contractor is subject to a final business closure order; and(B) Provision of any goods or services, or both, under a contract with the contractor that is subject to a final business closure order shall cease as soon as reasonably practicable; and(2) Notify all state agencies that the contractor that is subject to a final business closure order shall not be awarded or maintain a contract with a state agency unless the office provides notice under subsection (d) of this section.(d) Upon receipt of information that a contractor has resolved a business be awarded or maintain a contract with a state agency unless the office provides notice under subsection (d) of this section.(d) Upon receipt of information that a contractor has resolved a business closure, the office shall notify all state agencies, as soon as reasonably practicable, that: (1) Any unexpired contracts with the contractor may continue if the contract was not terminated, cancelled, suspended, or discontinued; and(2) The contractor may be awarded or maintain a contract with a state agency.Added by Act 2019, No. 866,§ 1, eff. 1/1/2020.
Arkansas Legal Code