(a) All services provided by a qualified efficiency engineer in completing a performance-based efficiency project pursuant to a qualified efficiency contract, including, but not limited to, the procurement of any goods and services in connection with the performance-based efficiency project, shall be considered professional services under § 19-11-801 et seq.
(b) An issuer's engagement of a qualified efficiency engineering company and execution of a qualified efficiency contract in favor of a qualified efficiency engineering company shall be subject to § 19-11-801 et seq., but shall be exempt from all competitive bidding statutes, including, but not limited to, § 14-43-601 et seq., § 14-47-101 et seq., § 14-48-101 et seq., § 14-54-301 et seq., § 14-54-401 et seq., § 14-58-301 et seq., § 14-141-101 et seq., the General Accounting and Budgetary Procedures Law, § 19-4-101 et seq., § 19-11-101 et seq., § 22-1-201 et seq., the Building Authority Division Act, § 22-2-101 et seq., § 22-3-202 et seq., § 22-4-101 et seq., § 22-5-101 et seq., § 22-6-101 et seq., § 22-7-101 et seq., § 22-8-101 et seq., and § 22-9-101 et seq.
Structure Arkansas Code
Subtitle 10 - Economic Development And Tourism Generally
Chapter 164 - Industrial Development Bonds
Subchapter 4 - Local Government Capital Improvement Revenue Bond Act
§ 14-164-404. Subchapter supplemental
§ 14-164-405. Bonds — Issuance generally
§ 14-164-406. Bonds — Terms and conditions
§ 14-164-407. Bonds — Trust indenture
§ 14-164-408. Bonds — Contents
§ 14-164-410. Bonds — Execution
§ 14-164-411. Bonds — Payment — Security
§ 14-164-412. Bonds — Mortgage lien
§ 14-164-413. Bonds — Special obligations
§ 14-164-414. Bonds — Liability of legislative body's officers, employees, or members
§ 14-164-415. Bonds — Successive issues
§ 14-164-416. Bonds — Tax exemption