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STATE OF ARKANSAS OFFICE OF STATE PROCUREMENT 1509 West 7th Street, Room 300 Little Rock, Arkansas 722014222INVITATION FOR BID SOLICITATION DOCUMENT SOLICITATION INFORMATION Solicitation Issued:Bid
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A state term contract is a contract established by a government entity that outlines the terms and conditions for the provision of goods and services over a specified period, typically used to streamline procurement processes.
Government agencies and entities that wish to procure goods or services under a state term contract are required to file the contract.
To fill out a state term contract, relevant information such as the agency name, contract details, vendor information, and pricing must be entered in the specified format, ensuring all required fields are completed accurately.
The purpose of a state term contract is to simplify and expedite the procurement process for government entities by providing pre-negotiated terms and pricing for commonly used goods and services.
Information that must be reported on a state term contract includes the vendor's name, product or service descriptions, pricing, delivery terms, and any specific terms and conditions relevant to the procurement.
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