Louisiana Administrative Code
Title 70 - TRANSPORTATION AND DEVELOPMENT
Part XXIII - Purchasing
Chapter 3 - Purchasing Rules and Regulations
Section XXIII-439 - Contract Renewal
Universal Citation: LA Admin Code XXIII-439
Current through Register Vol. 50, No. 9, September 20, 2024
A. When a contract contains an option for renewal clause, notice of such provision shall be included in the solicitation.
B. When such a contract is awarded by competitive sealed bidding, exercise of the option shall be at the department's discretion only, and shall be with the mutual agreement of the Department of Transportation and Development and the contractor.
AUTHORITY NOTE: Promulgated in accordance with R.S. 39:1551-1736 and 48:204-210.
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