Commodity Bidding Threshold Increases

The Arkansas Department of Education has set the bidding threshold requirement for the purchase of commodities under Arkansas Code Annotated § 6-21-304. Based on a 2.5% increase in the Consumer Price Index, the commodity bidding threshold will increase from $20,000 to $20,500 for the 2018-19 school year. In any instance where the estimated purchase price is equal to or above $20,500, the commodity shall be procured by soliciting bids.