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:
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.|
The following language must be included in any contract/agreement with the University: "Contract shall be governed by the laws of the state of Arkansas."
"Nothing in this agreement shall be construed to waive the Sovereign Immunity of the State of Arkansas or its agencies, including Arkansas Tech University."
"All disputes regarding this agreement shall be submitted to the Arkansas Claims Commission for adjudication in accordance with A.C.A. 19-10-201 et seq."
"Company shall not discriminate against any Person based on race, religion, color, national origin, sex, age, disability, or veteran's status during the term of this contract."