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.
Structure Arkansas Code
Title 15 - Natural Resources and Economic Development
Subtitle 1 - Development Of Economic And Natural Resources Generally
Chapter 4 - Development Of Business And Industry Generally
Subchapter 3 - Minority and Women-Owned Business Economic Development Act
§ 15-4-302. Purpose — Goals — Notice
§ 15-4-307. Minority and Women-owned Business Advisory Council
§ 15-4-310. Minority and women-owned business officer
§ 15-4-311. Annual minority and women-owned purchasing plan
§ 15-4-312. State agencies to submit reports
§ 15-4-313. Accelerated payments
§ 15-4-314. Minority business enterprises and women-owned business enterprises certification process