Louisiana Administrative Code
Title 34 - GOVERNMENT CONTRACTS, PROCUREMENT AND PROPERTY CONTROL
Part III - Facility Planning and Control
Chapter 1 - Capital Improvement Projects
Subchapter A - Procedure Manual
Section III-107 - Available Funds for Construction (AFC)
Current through Register Vol. 50, No. 9, September 20, 2024
A. The AFC, as defined by §103, shall be stated in the contract between owner and designer.
B. The designer shall be responsible for designing the project so that the base bid does not exceed the AFC. The use of any alternate bids must be pre-approved by the owner. The owner will take into consideration abnormal escalation in construction costs that can be substantiated prior to bid.
C.
D.
E. When the lowest bona fide base bid is less than 90 percent of the AFC and the designer has reduced the original program scope to reduce costs, the owner shall have the option to have the designer, without additional compensation, modify the construction documents to restore elements of the program that were eliminated to reduce cost.
AUTHORITY NOTE: Promulgated in accordance with R.S. 39:1410.