La. Admin. Code tit. 34 § V-133
Current through Register Vol. 50, No. 11, November 20, 2024
Section V-133 - Multi-Year ContractsA. Contracts in excess of one year shall be submitted to the Office of Contractual Review with written reasons why a multi-year contract is needed. Justification of multi-year contracts shall be submitted in accordance with R.S. 39:1514 in compliance with the delegation of authority from the Commissioner of Administration.B. Any contracts which cross fiscal years should contain a funding-out clause in accordance with R.S. 39:1514.La. Admin. Code tit. 34, § V-133
Promulgated by the Office of the Governor, Division of Administration, Office of Contractual Review, LR 7:181 (April 1981), amended LR 8:593 (November 1982), LR 10:458 (June 1984), LR 11:1070 (November 1985), LR 17:266 (March 1991).AUTHORITY NOTE: Promulgated in accordance with R.S. 39:1490(B).