1. (a) Contracts with a total projected contract amount, including any amendments and possible extensions, of twenty-five thousand dollars ($25,000) or more shall require the submission of a vendor performance report at least one (1) time every three (3) months for the entire term of the contract and at the end of the contract.
2. (b) Reports shall be due to the Office of State Procurement.
3. (c) This shall not restrict agencies from submitting an unsatisfactory vendor performance report at any time during the contract period.
4. (d) Agencies shall submit vendor performance reports using the appropriate method as prescribed by the office.

Codification Notes: This section was promulgated as R1:19-11-268 of the Procurement Rules prior to codification into the Code of Arkansas Rules.