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Alaska Statutes Title 6. Banks and Financial Institutions § 06.65.050. Contracting authority; procurement exemption

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) The department may contract with a person to advise and assist in the implementation and operation of the program.

(b) The department may contract with a person to provide services for the program.

(c) The department may enter into a contract with other states to obtain or provide the services for implementing the program. The contract may include cooperative procurement by the states of a person to provide services for the program, including investment and record-keeping services.

(d) Notwithstanding the other provisions of this chapter, the department may enter into a contract with another state to allow the residents of

(1) this state to participate in a program established by another state under the federal authorizing law, instead of establishing the program in this state;

(2) that contracting state to participate in the program in this state.

(e) The procurement of contracts for the program, including procurement of services under a contract with other states, is exempt from AS 36.30 (State Procurement Code).

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Cite this article: FindLaw.com - Alaska Statutes Title 6. Banks and Financial Institutions § 06.65.050. Contracting authority; procurement exemption - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-6-banks-and-financial-institutions/ak-st-sect-06-65-050/

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