Louisiana Administrative Code
Title 34 - GOVERNMENT CONTRACTS, PROCUREMENT AND PROPERTY CONTROL
Part V - Procurement
Chapter 19 - Multi-Year Contracts
Section V-1905 - Multi-Year Contract Procedure
Universal Citation: LA Admin Code V-1905
Current through Register Vol. 50, No. 3, March 20, 2024
A. Solicitation. The solicitation shall state:
1.
the estimated amount of supplies, services or major repairs required for the
proposed contract period;
2.
whether a unit price discounted off of established catalog price shall be given
for each supply, or service or major repair, and that such unit prices or
discount shall be the same throughout the contract (except to the extent price
adjustments may be provided in the solicitation and resulting
contract);
3. that the multi-year
contract will be canceled if funds are not appropriated, un-appropriated, or
otherwise not made available to support continuation of performance in any
fiscal period succeeding the first;
4. if an installment purchase, that the
provisions of
R.S.
39:1616 shall apply.
5. how the multi-year contract award will be
determined.
B. Repealed.
C. Cancellation
1. Cancellation, as used in multi-year
contracting, means the cancellation of the total requirements for the remaining
portion of the contract because funds were not appropriated or otherwise made
available.
2. Cancellation results
when the procurement officer notifies the contractor of nonavailability of
funds for contract performance for any subsequent fiscal period.
3. Nothing in this Section shall be construed
to limit the authority otherwise existing for an agency to terminate a contract
for convenience, or for cause, or for any other lawful reason allowable in the
contract, or as required in law or regulation.
D. Repealed.
AUTHORITY NOTE: Promulgated in accordance with R.S. 39:1581.
Disclaimer: These regulations may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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