Louisiana Statutes

§ 39:1540 — Competition

Louisiana § 39:1540
JurisdictionLouisiana
Title 39Procurement and Contract

This text of Louisiana § 39:1540 (Competition) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
La. Stat. Ann. § 39:1540 (2026).

Text

§1540. Competition

A.Every contract entered into by the state for the purchase of insurance or for obtaining services relating to the operation of the insurance program shall be awarded by either competitive sealed bidding or competitive negotiation. Competitive negotiation shall be initiated by the issuance of a request for proposals containing a description of the coverage required and the factors to be used in evaluating the proposals. Where there is more than one offeror, written or oral discussions shall be conducted with at least the three, or two if there are only two, highest qualified offerors who submit proposals determined in writing to be reasonably susceptible of being selected for award. The contract shall be awarded with reasonable promptness by written notice to the respon

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Related

Daul Insurance Agency, Inc. v. Parish of Jefferson
437 So. 2d 1205 (Louisiana Court of Appeal, 1983)
3 case citations

Legislative History

Added by Acts 1980, No. 520, §1, eff. July 1, 1980; Acts 2014, No. 715, §1.

Nearby Sections

15
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Bluebook (online)
Louisiana § 39:1540, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/39%3A1540.