The following state-supported institutions of higher education shall be exempt as allowed by § 19-4-1415(b)(5) for construction projects exceeding five million dollars ($5,000,000) if they have adopted policies and procedures in compliance with state law involving the awarding and oversight of the contracts for design and construction services:
(1) Henderson State University;
(2) Southern Arkansas University;
(3) University of Central Arkansas;
(4) [Repealed.]
(5) National Park College; and
(6) Northwest Arkansas Community College.