BID REQUIREMENTS

State of Arkansas Contracts

If a mandatory State of Arkansas Contract exists for a commodity, the University MUST order through that contract. A list of these contracts may be found on the Office of State Procurement web site: https://www.transform.ar.gov/procurement/state-contracts/

 


Bid Dollar Limits

$20,000 or less Small Orders: These include general merchandise exclusive of state contract and printing items. Generally require 1-2 working days to process.
$20,001-$75,000 Competitive Bid: Requires 7-10 days to process.
$75,001 and up Formal Sealed Bid: Requires 3-4 weeks to process.