Current through Register Vol. 50, No. 9, September 20, 2024
Section V-1901 - DeterminationA. For purposes of this Chapter, multi-year contract shall be defined as a contract whose term exceeds 12 months.B. Multi-year contracts may be entered into for supplies, services, major repairs, or professional, personal, consulting and social services in accordance with R.S. 39:1615 or as otherwise provided by law.C. Prior to the utilization of a multiyear contract for supplies, services, or major repairs, it shall be determined in writing: 1. that estimated requirements cover the period of the contract and are reasonably firm and continuing; and2. that such a contract will serve the best interests of the state by encouraging effective competition or otherwise prompting economies in state procurement.D. All contracts shall contain a termination for nonappropriation clause in accordance with R.S. 39:1615(C), (E) and (I), unless specifically exempted.La. Admin. Code tit. 34, § V-1901
Promulgated by the Office of the Governor, Division of Administration, Office of State Purchasing, LR 8:337 (July 1982), amended LR 21:566 (June 1995), repromulgated LR 40:1361 (July 2014), Amended by the Office of the Governor, Division of Administration, Office of State Procurement, LR 47583 (5/1/2021).AUTHORITY NOTE: Promulgated in accordance with R.S. 39:1581.