1. (a) For each professional and consultant service contract form submitted, the agency is required to enter the beginning and ending date of the contract.
2. (b) The beginning date of all contracts shall be defined as the date upon which performance of the services to be rendered under the contract are to begin and not the date upon which the agreement was signed.

3. (c) This date should be arrived at with emphasis placed on the following:

   1. (1)

      1. (A) Any contract or amendment to a contract that requires review by the Legislative Council or Joint Budget Committee must be submitted to the Office of State Procurement in accordance with the time guidelines as prescribed on the office website.
      2. (B) The beginning date of the contract must not precede the date of the Legislative Council meeting in which such contract is to be reviewed.
      3. (C) The Legislative Council or the Joint Budget Committee shall provide the State Procurement Director with their review as to the propriety of the contract within thirty (30) days of said submission to the Legislative Council or Joint Budget Committee; and
   2. (2) All professional and consultant service contracts with fifty thousand dollars ($50,000) or more in any one (1) year of the contract’s term, or if the total projected contract amount, including any amendments or possible extensions, is three hundred fifty thousand dollars ($350,000) or more unless they are contracts for critical emergency procurements or are otherwise exempted from the submission requirements of Arkansas Code § 19-11-265, must be filed with the office for review by the Legislative Council or Joint Budget Committee.

Codification Notes: This section was promulgated as R2:19-11-1012 of the Procurement Rules prior to codification into the Code of Arkansas Rules.