2020 Regular Session ENROLLED SENATE BILL NO. 118 BY SENATOR SMITH 1 AN ACT 2 To amend and reenact R.S. 38:2212(C)(1), relative to public works projects; to increase the 3 "contract limit" for public works; to provide for a date for the annual adjustment of 4 the "contract limit" for public works; to provide for an effective date; and to provide 5 for related matters. 6 Be it enacted by the Legislature of Louisiana: 7 Section 1. R.S. 38:2212(C)(1) is hereby amended and reenacted to read as follows: 8 §2212. Advertisement and letting to lowest responsible and responsive bidder; 9 public work; electronic bidding; participation in mentor-protégé 10 mentor-protégée program; exemptions 11 * * * 12 C.(1) Except as provided in Paragraphs (2), (3), and (4) of this Subsection, 13 the term "contract limit" as used in this Section shall be equal to the sum of one two 14 hundred fifty thousand dollars per project, including labor, materials, and equipment 15 as per the rates in the latest edition of the Associated Equipment Dealers Rental Rate 16 Book and administrative overhead not to exceed fifteen percent, provided that 17 beginning February 1, 2015 2025, and annually on February first of each subsequent 18 year, the office of facility planning and control within the division of administration 19 shall adjust the "contract limit" by an amount not to exceed the annual percentage 20 increase in the Consumer Price Index in the preceding year. The office of facility 21 planning and control within the division of administration shall publish the new 22 contract limit for public works contracts in the Louisiana Register in January of each 23 year. Page 1 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 118 ENROLLED 1 * * * 2 Section 2. This Act shall become effective on July 1, 2020. PRESIDENT OF THE SENATE SPEAKER OF THE HOUSE OF REPRESENTATIVES GOVERNOR OF THE STATE OF LOUISIANA APPROVED: Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.