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School District Competitive *Commodity Bidding Statute: AR 6-21-301:306 states if

School District Competitive *Commodity Bidding Statute: AR 6-21-301:306 states if purchase price is expected to exceed $10,000, the commodity shall be procured by soliciting bids. APPENDIX A LRSD Bidding Flowchart. * - Commodity is defined as all supplies, goods, material,

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School District Competitive *Commodity Bidding Statute: AR 6-21-301:306 states if

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  1. School District Competitive *Commodity Bidding Statute: AR 6-21-301:306 states if purchase price is expected to exceed $10,000, the commodity shall be procured by soliciting bids APPENDIX A LRSD Bidding Flowchart * - Commodity is defined as all supplies, goods, material, equipment, machinery, facilities, personal property and services OTHER than personal and professional services Is purchase for a personal/professional service? YES NO These services are EXEMPT from competitive bidding; governing statute is: AR 19-11-801:807. The district considers Consultants in this category. Formal Bidding required: An RFP or IFB is prepared by Procurement NO Is purchase expected To be greater than $10,000? YES Informal Bidding required: Quotes are obtained by Procurement Open Market Purchase: No bidding required Is purchase expected to be greater than $5,000 but less than $10,000? NO YES Selection is via Negotiation and based on qualifications of vendors. Sourcing Is obtained from either: 1. RFQ (Request for Qualifications; OR 2. Vendor application on File AS OF 7/06

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