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Arkansas Code Title 25. State Government § 25-1-1203. Contracts with the Government of People's Republic of China prohibited

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) A state agency shall not enter into a contract:

(1) With a scrutinized company; or

(2) That employs a scrutinized company as a subcontractor.

(b) A state agency shall require a company that submits a bid or proposal for a contract for goods or services to certify that the company is not a scrutinized company.

(c) If a state agency or the Office of State Procurement determines that a company has submitted a false certification under subsection (b) of this section:

(1) The company shall be liable for a civil penalty in an amount that is equal to the greater of two hundred fifty thousand dollars ($250,000) or twice the amount of the contract for which a bid or proposal was submitted;

(2) The state agency or the Office of State Procurement shall terminate the contract with the company; and

(3) The company shall be ineligible to bid on a state contract for five (5) years and then the company's status will be reassessed.

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Cite this article: FindLaw.com - Arkansas Code Title 25. State Government § 25-1-1203. Contracts with the Government of People's Republic of China prohibited - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-25-state-government/ar-code-sect-25-1-1203/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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