Home Table of Contents

006.27.3-R3:19-11-234. Competitive bidding.

AR ADC 006.27.3-R3:19-11-234Arkansas Administrative Code

West's Arkansas Administrative Code
Title 006. Department of Finance and Administration
Division 27. Office of State Procurement (Refs & Annos)
Rule 3. Procurement Rules
Ark. Admin. Code 006.27.3-R3:19-11-234
006.27.3-R3:19-11-234. Competitive bidding.
Currentness
(1) Life Cycle Cost. Life cycle or total ownership costs may include but are not limited to costs of operation, maintenance, repair, disposal and/or acquisition.
(2) Application. Life cycle cost formulas may be used for procurements. Certain specified commodities may be procured using life cycle cost formulas provided by the Office of State Procurement. For those specified commodities, the State Procurement Director may provide formulas to be used in the evaluation of bids by the State Procurement Director, the agency procurement officials or the procurement agents.

Credits

Adopted Jan. 1, 1999.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 006.27.3-R3:19-11-234, AR ADC 006.27.3-R3:19-11-234
End of Document