La. Admin. Code tit. 34, § V-2103 - Exercise of Option [Formerly LAC 34:I.2103]
A. Before exercising any option for renewal,
extension, or purchase, the chief procurement officer shall attempt to
ascertain whether a re-solicitation is practical, in terms of current market
conditions and trends and cost factors, and would be more advantageous to the
state than renewal or extension of the existing contract.
Notes
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