La. Admin. Code tit. 70 § XXIII-441

Current through Register Vol. 50, No. 11, November 20, 2024

Section XXIII-441 - Exercise of Renewal Option

A. Before exercising any option for renewal, the DOTD procurement director or designee shall attempt to ascertain whether a re-solicitation is practical.

B. Factors to be considered include but are not limited to:

1. current market conditions;

2. trends;

3. cost factors;

4. price comparisons with similar service in other states; and

5. various other factors as determined by the DOTD procurement director.

La. Admin. Code tit. 70, § XXIII-441

Promulgated by the Department of Transportation and Development, Office of Purchasing, LR 8:148 (March 1982), amended LR 29:620 (April 2003).

AUTHORITY NOTE: Promulgated in accordance with R.S. 39:1551-1736 and 48:204-210.