Louisiana Administrative Code
Title 56 - PUBLIC WORKS
Part III - Flood Control and Water Management
Subpart 1 - Water Resources and Flood Control
Chapter 1 - Funding of Water Resources
Subchapter B - Project Priority Ranking System
Section III-139 - Accurate Cost Estimates Required
Universal Citation: LA Admin Code III-139
Current through Register Vol. 50, No. 9, September 20, 2024
A. Entities requesting priority of funding shall provide accurate estimates of project costs.
B. The state shall retain the entire amount of overestimated state and local project costs up to the total amount of any state grant.
C. Any grant monies retained by the state may be used to increase grants to other funded priority projects which encounter actual project construction costs exceeding estimated costs.
AUTHORITY NOTE: Promulgated in accordance with R.S. 38:30 et seq.
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