Louisiana Administrative Code
Title 70 - TRANSPORTATION AND DEVELOPMENT
Part XXIII - Purchasing
Chapter 3 - Purchasing Rules and Regulations
Section XXIII-433 - Assignments
Current through Register Vol. 50, No. 9, September 20, 2024
A. No contract or purchase order or proceeds thereof may be assigned, sublet or transferred without a written request from the contractor.
B. Contractors are required to submit an "assignment of proceeds of contract" document and an "assignment of contract" document to the DOTD procurement director.
C. If the contract covers an exempt commodity, the assignment must be approved by the DOTD procurement director.
D. If the contract covers a non-exempt commodity, the assignment must be approved by the director of state purchasing and the commissioner of administration.
AUTHORITY NOTE: Promulgated in accordance with R.S. 39:1551-1736 and 48:204-210.
