2012 Louisiana Laws
Revised Statutes
TITLE 39 — Public finance
RS 39:1511 — Prior notice requirement concerning use of cost-reimbursement type subcontract


LA Rev Stat § 39:1511 What's This?

§1511. Prior notice requirement concerning use of cost-reimbursement type subcontract

Each contractor under a cost-reimbursement type contract shall give notice, as provided for in the contract, before entering into (1) a cost-reimbursement type subcontract or (2) any other type of subcontract involving more than ten thousand dollars or ten percent of the estimated cost of the prime contract.

Added by Acts 1978, No. 772, §1.

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