ADFA Notes Litigated Receivable from Arklam

ADFA reports $1,178,831 due from Arklam as a potential cash flow to the Bond Guaranty Fund, but notes that the obligation is currently the subject of pending litigation. The contested receivable stems from earlier project financing.

Document date · August 20, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$1,178,831

Contract type

FINANCIAL_SERVICES

Renewal

Litigation pending regarding repayment obligations; no defined repayment schedule in place.

Document type

AgendaPacket

Source document

Arkansas Development Finance Authority Board Committee Meeting Agenda Packet 2026-08-20

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Arkansas Development Finance Authority?

ARKLAM was awarded this financial services contract by Arkansas Development Finance Authority, as recorded on August 20, 2026. The contract value is $1,178,831.

How much is the ARKLAM contract with Arkansas Development Finance Authority worth?

The ARKLAM contract with Arkansas Development Finance Authority is valued at $1,178,831, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Arkansas Development Finance Authority Board Committee Meeting Agenda Packet 2026-08-20 (AgendaPacket), dated August 20, 2026 from Arkansas Development Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does ARKLAM hold?

ARKLAM may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Arkansas Development Finance Authority currently buying?

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