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ARKANSAS STATUTES AND CODES
§ 22-3-918 - Notice for bids for construction -- Bonds -- Execution of contracts.
22-3-918. Notice for bids for construction -- Bonds -- Execution of contracts.
(a) (1) After the Arkansas Building Authority has approved the plans and specifications prepared by the architect, it shall proceed to advertise for bids for the construction of the Arkansas Justice Building.
(2) The notice shall be published one (1) time each week for not less than three (3) consecutive weeks in one (1) or more newspapers of general circulation published in the City of Little Rock, and in such other newspapers and trade or construction journals as may, in the opinion of the authority, be desirable.
(3) The notice shall provide for the receipt of sealed bids, shall set forth the time and place at which the bids will be received, shall give the name and address of the architect from whom copies of plans, specifications, and drafts of the proposed contract to be entered into with the successful bidder may be obtained, and shall contain any other information and requirements as, in the opinion of the authority, may be necessary or desirable.
(b) (1) On the date and time fixed in the notice, the authority shall open, tabulate, and compare the bids and shall award the contract to the lowest responsible bidder.
(2) The authority shall have the right to reject any or all bids.
(c) The successful bidder shall be required to furnish bonds to the State of Arkansas for the use and benefit of the authority, with a corporate guaranty of indemnity sureties thereon. Bond shall be both for the completion of the construction free of all liens and encumbrances in an amount fixed by the authority and for the protection of the authority and its members against all liability for injury to person or damage to or loss of property arising or claimed to have arisen in the course of the construction, within limits fixed by the commission.
(d) The chairman and secretary, acting on behalf of the authority, shall execute all contracts awarded by the authority.
(a) (1) After the Arkansas Building Authority has approved the plans and specifications prepared by the architect, it shall proceed to advertise for bids for the construction of the Arkansas Justice Building.
(2) The notice shall be published one (1) time each week for not less than three (3) consecutive weeks in one (1) or more newspapers of general circulation published in the City of Little Rock, and in such other newspapers and trade or construction journals as may, in the opinion of the authority, be desirable.
(3) The notice shall provide for the receipt of sealed bids, shall set forth the time and place at which the bids will be received, shall give the name and address of the architect from whom copies of plans, specifications, and drafts of the proposed contract to be entered into with the successful bidder may be obtained, and shall contain any other information and requirements as, in the opinion of the authority, may be necessary or desirable.
(b) (1) On the date and time fixed in the notice, the authority shall open, tabulate, and compare the bids and shall award the contract to the lowest responsible bidder.
(2) The authority shall have the right to reject any or all bids.
(c) The successful bidder shall be required to furnish bonds to the State of Arkansas for the use and benefit of the authority, with a corporate guaranty of indemnity sureties thereon. Bond shall be both for the completion of the construction free of all liens and encumbrances in an amount fixed by the authority and for the protection of the authority and its members against all liability for injury to person or damage to or loss of property arising or claimed to have arisen in the course of the construction, within limits fixed by the commission.
(d) The chairman and secretary, acting on behalf of the authority, shall execute all contracts awarded by the authority.
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