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Cost-plus-a-percentage-of-cost and cost-plus-a-fixed-fee contracts.

Ark. Code Ann. § 19-11-237
in effect
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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: (1) There exists no other economically practicable price arrangement to secure the commodity; (2) A cost saving may be proved over the least expensive alternative; or (3) The pricing schedule involved is tied to an industry standard or other reliable system of cost prediction.
Source: Public.Resource.Org / UniCourt, Official Code of Arkansas Annotated, Release 78 (2020) (unicourt.github.io/cic-code-ar)URL: https://unicourt.github.io/cic-code-ar/transforms/ar/ocar/r78/gov.ar.code.title.19.htmlFetched: 11/8/2026

Starting a business in Arkansas? Arkansas LLC guide: costs and requirements