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14-22-108. Bidding procedure.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-22-108. Bidding procedure.
(a) All bids which require either formal or informal bidding shall be opened in public and read at the time and place specified in the notice.
(b) The awarding of contracts need not be upon the day of the opening of the bids but may be at a later date to be determined by the purchasing official.
(c) In order to assure that the bidder will accept and perform a contract under the terms of his or her bid, the purchasing official may require bids to be accompanied by certified check or surety bond furnished by a surety company authorized to do business in this state in such a reasonable amount as the purchasing official shall determine.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-22-108
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:14-22-108
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 5bd5e96cd642b461c8dd37416d828364fe142de69860001730a8f8e830379d38
Source location: content.xml paragraph 6496
Stored source content
14-22-108. Bidding procedure.
(a) All bids which require either formal or informal bidding shall be opened in public and read at the time and place specified in the notice.
(b) The awarding of contracts need not be upon the day of the opening of the bids but may be at a later date to be determined by the purchasing official.
(c) In order to assure that the bidder will accept and perform a contract under the terms of his or her bid, the purchasing official may require bids to be accompanied by certified check or surety bond furnished by a surety company authorized to do business in this state in such a reasonable amount as the purchasing official shall determine.
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