Louisiana Administrative Code
Title 70 - TRANSPORTATION AND DEVELOPMENT
Part XXIII - Purchasing
Chapter 3 - Purchasing Rules and Regulations
Section XXIII-431 - Default of Contractor
Universal Citation: LA Admin Code XXIII-431
Current through Register Vol. 50, No. 3, March 20, 2024
A. Failure to deliver within the time specified in the invitation for bids will constitute a default and may cause cancellation of the contract.
B. If the contractor is considered to be in default, the Department of Transportation and Development reserves the right to purchase any or all products or services covered by the contract on the open market and to charge the contractor with costs in excess of the contract price.
C. Until such assessed charges have been paid, no subsequent bid from the defaulting contractor will be considered.
AUTHORITY NOTE: Promulgated in accordance with R.S. 39:1551-1736 and 48:204-210.
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