Louisiana 2020 2020 Regular Session

Louisiana Senate Bill SB118 Enrolled / Bill

                    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
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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.
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 118	ENROLLED
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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:                          
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.