Arkansas Code Title 22. Public Property § 22-10-203. Requirements for proposals

(b)(1) A private entity that intends to be considered for a qualifying project under subsection (a) of this section shall submit a proposal or bid to the responsible public entity.

(2) A proposal by a private entity under subdivision (b)(1) of this section shall be accompanied by the materials and information required by the rules promulgated under this chapter.

(1) Be located on real property owned or leased by a public entity; and

(2) Include any improvements necessary or desirable to unimproved real property owned by a public entity.