Louisiana Administrative Code
Title 70 - TRANSPORTATION AND DEVELOPMENT
Part XXIII - Purchasing
Chapter 3 - Purchasing Rules and Regulations
Section XXIII-407 - Discounts
Universal Citation: LA Admin Code XXIII-407
Current through Register Vol. 50, No. 9, September 20, 2024
A. Discounts will be considered in determining low bidder on one-time purchases or definite quantity purchases if the discount is at least 1 percent for a minimum of 30 days.
B. In the event the discount is for less than 1 percent or less than 30 days, the discount will be taken but will not be a determining factor in the bid evaluation.
C. Discounts will not be considered in determining low bidder on term contracts or indefinite quantity purchases.
D. Discounts will be taken but will not be a determining factor in the bid evaluation.
AUTHORITY NOTE: Promulgated in accordance with R.S. 39:1551-1736 and 48:204-210.
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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