{"data":{"id":"us-ar/ark.-code-ann.-22-10-204","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 22-10-204","heading":"Requirements for qualifying projects","body":"(a) A responsible public entity may issue a request for proposals or an invitation for bids for the development of a qualifying project if the responsible public entity determines that: (1) There is a public need for or benefit to be derived from the type of qualifying project being proposed; (2) The proposals or bids are anticipated to result in the timely development of the qualifying project; and (3) The qualifying project being considered satisfies or is anticipated to satisfy any criteria stated in the rules promulgated under this chapter. (b) The responsible public entity's development of a qualifying project is contingent on a private entity's entering into an interim agreement or a comprehensive agreement, or both, with the responsible public entity. (c) Neither this chapter nor an interim agreement or a comprehensive agreement entered into under this chapter enlarges, diminishes, or affects the authority, if any, otherwise possessed by a responsible public entity to take action that would impact the debt capacity of the state. Added by Act 2017, No. 813,§ 1, eff. 8/1/2017.\n\n(a) A responsible public entity may issue a request for proposals or an invitation for bids for the development of a qualifying project if the responsible public entity determines that: (1) There is a public need for or benefit to be derived from the type of qualifying project being proposed; (2) The proposals or bids are anticipated to result in the timely development of the qualifying project; and (3) The qualifying project being considered satisfies or is anticipated to satisfy any criteria stated in the rules promulgated under this chapter.\n\n(1) There is a public need for or benefit to be derived from the type of qualifying project being proposed;\n\n(2) The proposals or bids are anticipated to result in the timely development of the qualifying project; and\n\n(3) The qualifying project being considered satisfies or is anticipated to satisfy any criteria stated in the rules promulgated under this chapter.\n\n(b) The responsible public entity's development of a qualifying project is contingent on a private entity's entering into an interim agreement or a comprehensive agreement, or both, with the responsible public entity.\n\n(c) Neither this chapter nor an interim agreement or a comprehensive agreement entered into under this chapter enlarges, diminishes, or affects the authority, if any, otherwise possessed by a responsible public entity to take action that would impact the debt capacity of the state.","path":["AR Code","Title 22","Chapter 10","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":"aca048ff64c174869c6d8b409b69c8ed01290db7e5d794086a66262439003ad1","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-22-10-203","next":"us-ar/ark.-code-ann.-22-10-301"},"notice":"GroundRules: Original legal text. Not legal advice."}