{"data":{"id":"us-ar/ark.-code-ann.-19-11-237","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 19-11-237","heading":"Cost-plus-a-percentage-of-cost and cost-plus-a-fixed-fee contracts","body":"As used in this subchapter, unless the context otherwise requires, the cost-plus-a-percentage-of-cost and cost-plus-a-fixed-fee system may be used under the authority of the State Procurement Director when:\n\n(1) There exists no other economically practicable price arrangement to secure the commodity;\n\n(2) A cost saving may be proved over the least expensive alternative; or\n\n(3) The pricing schedule involved is tied to an industry standard or other reliable system of cost prediction.","path":["AR Code","Title 19","Chapter 11","Subchapter 2"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"e585b9429f407b885012c2ce44cf448b8c1d5d845bdeb3d0080e319ff304c677","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-19-11-236","next":"us-ar/ark.-code-ann.-19-11-238"},"notice":"GroundRules: Original legal text. Not legal advice."}