Louisiana 2022 2022 Regular Session

Louisiana Senate Bill SB445 Comm Sub / Analysis

                    The original instrument was prepared by Archana Cadge. The following digest,
which does not constitute a part of the legislative instrument, was prepared by
Thomas L. Tyler.
DIGEST
SB 445 Reengrossed 2022 Regular Session	Abraham
Present law provides for the department to obtain approval from the House and Senate transportation
and highway committees prior to soliciting proposals and entering into contracts.
Proposed law retains present law and clarifies the department shall obtain approval from the House
and Senate transportation and highway committees and the Joint Legislative Committee on the
Budget prior to entering into contracts.
Proposed law requires the Department of Transportation and Development (DOTD) to provide the
detailed financial analysis of cost conducted by the department and the Federal Highway
Administration relative to the I-10 Calcasieu River Bridge project to the legislative transportation
committees.
Requires the DOTD and the Department of the Treasury use the analysis provided to prepare a
comparative financial analysis of the cost of the design build method of the I-10 Calcasieu River
Bridge project.
Proposed law further provides that the result of the comparative analysis be provided to the
legislative transportation committees immediately upon completion and requires that these
committees use the comparative analysis as a reference during deliberations in approving the public-
private partnership contract for the I-10 Calcasieu River Bridge project.
Proposed law applies to all unsigned contracts as of the effective date of proposed law.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Amends R.S. 48:250.4(A))
Summary of Amendments Adopted by Senate
Senate Floor Amendments to engrossed bill
1. Adds provisions for the Joint Legislative Committee on the Budget to also approve
contracts for public-private partnerships.
2. Provides for submission of a detailed financial analysis of costs and provides for use
of this analysis to prepare a comparative financial analysis of the cost of the design
to build method of the I-10 Calcasieu River Bridge project. 3. Provides for comparative analysis results to be provided to the legislative
transportation committees for use as a reference in their deliberations in approving
the public-private partnership contract for the I-10 Calcasieu River Bridge project.