Louisiana Administrative Code
Title 34 - GOVERNMENT CONTRACTS, PROCUREMENT AND PROPERTY CONTROL
Part I - Purchasing
Subpart 3 - Equipment-Lease-Purchase Program
Chapter 55 - Procedures for Information Technology Hardware, Software, Software Maintenance and Support Services and Hardware Maintenance
Section I-5517 - Master Agreements; Clauses; Approval
Current through Register Vol. 50, No. 9, September 20, 2024
A.R.S. 39:198(E) authorizes the state director of purchasing to enter into master agreements with vendors with which the state conducts substantial business over a period of time and sets forth the uses to which such master agreements may be put. Master agreements may be approved in accordance with the following requirements.
B. Master agreements submitted for approval shall, at a minimum, contain the following provisions:
C. The director of purchasing may approve a master agreement only after the agreement has been negotiated with the vendor by the procurement support team.
D. In the event any vendor fails to fulfill or comply with the terms of any contract, the director of purchasing may rescind approval of the vendor's master agreement.
AUTHORITY NOTE: Promulgated in accordance with R.S. 39:200(F).