La. Admin. Code tit. 34 § XIII-501

Current through Register Vol. 50, No. 12, December 20, 2024

Section XIII-501 - Types of Competitive Methods

A. Determination. The CPO shall determine the appropriate solicitation methods to be used in procuring goods and services for the university. Among those methods are:

1. invitation to bid (ITB);

2. request for proposals (RFP);

3. request for quotation (RFQ);

4. request for quote and qualifications (RFQQ);

5. competitive reverse auction (CRA);

6. best and final offer (BAFO);

7. solicitation for offers (SFO);

8. competitive negotiation;

9. cooperative buying organizations (CBO);

10. multi-step bids or proposals.

B. Other Procurement Methods. Other procurement methods may be utilized where there is a written determination by the CPO and the CFO or designee that it is in the best interest of university to do so.

La. Admin. Code tit. 34, § XIII-501

Promulgated by the Board of Supervisors of Louisiana State University and Agricultural and Mechanical College, Office of Procurement and Property Management, LR 41545 (3/1/2015).

AUTHORITY NOTE: Promulgated in accordance with R.S. 17:3139-3139.7 as amended by Act 749 of 2014.