Ark. Code § 14-123-405
Current with legislation from 2024 effective through May 3, 2024.
If it shall be decided at the meeting, in the manner aforesaid, to do the work, the directors shall proceed to let the work out to the lowest and best bidder. However, the directors shall have the right to reject all bids if the bids shall be deemed too high.
Ark. Code § 14-123-405