Arkansas § 19-11-1015 Cancellation of contract on entry of final business closure order - Definition

Arkansas Statutes

§ 19-11-1015 — Cancellation of contract on entry of final business closure order - Definition

Arkansas § 19-11-1015

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This text of Arkansas § 19-11-1015 (Cancellation of contract on entry of final business closure order - Definition) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 19-11-1015 (2026).

Text

(a)As used in this subchapter, "final business closure order" means a business closure order for which a contractor has either:

(1)Waived further administrative review under § 26-18-1001 et seq.; or (2) Exhausted all remedies to appeal under § 26-18-1001 et seq.

(b)The Revenue Division of the Department of Finance and Administration shall provide to the Office of State Procurement all final business closure orders entered into against a contractor.

(c)Upon receipt of a final business closure order, the office shall, as soon as reasonably practicable:

(1)Notify each state agency with which the contractor has a contract that the:

(A)Contractor is subject to a final business closure order; and (B) Provision of any goods or services, or both, under a contract with the contractor that is

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(a) As used in this subchapter, "final business closure order" means a business closure order for which a contractor has either: (1) Waived further administrative review under § 26-18-1001 et seq.; or (2) Exhausted all remedies to appeal under § 26-18-1001 et seq. (b) The Revenue Division of the Department of Finance and Administration shall provide to the Office of State Procurement all final business closure orders entered into against a contractor. (c) Upon receipt of a final business closure order, the office shall, as soon as reasonably practicable: (1) Notify each state agency with which the contractor has a contract that the: (A) Contractor is subject to a final business closure order; and (B) Provision of any goods or services, or both, under a contract with the contractor that is subject to a final business closure order shall cease as soon as reasonably practicable; and (2) Notify all state agencies that the contractor that is subject to a final business closure order shall not be awarded or maintain a contract with a state agency unless the office provides notice under subsection (d) of this section. (d) Upon receipt of information that a contractor has resolved a business closure, the office shall notify all state agencies, as soon as reasonably practicable, that: (1) Any unexpired contracts with the contractor may continue if the contract was not terminated, cancelled, suspended, or discontinued; and (2) The contractor may be awarded or maintain a contract with a state agency.