Section XV-101 - [Effective until 4/5/2025] Purpose and Legislative AuthorityA. Goal. It is the goal of Louisiana Economic Development (LED) to procure goods and services in a manner that is open, fair, encourages competition, and affords vendors equal opportunities to compete.B. Purpose. The purpose of this LED Procurement Code is to establish parameters of a procurement program designed to support and facilitate the mission of LED by applying best methods and business practices to the procurement of goods and services and to structure other business arrangements by LED. This LED Procurement Code is intended to promote the development and use of procurement processes which promote the pursuit of excellence and the best interests of LED while maintaining the highest possible integrity, broad based competition, fair and equal treatment of the business community and increased economies and efficiencies for LED.C. Communication. 1. LED intends to continue as a LaGov agency, using the state's enterprise resource planning, a fully integrated computer system that includes financials, logistics, human resources, payroll and business intelligence, feeding into the Louisiana Checkbook for transparency. Similar workflow and approval processes to other LaGov agencies will be followed, with the exception of individual transactional approvals required by the Office of State Procurement (OSP).2. LED is to be exempt from OSP's central purchasing authority and individual transactional approval requirements.3. LED will communicate and collaborate with the Division of Administration, the Office of Planning and Budget, the Office of Statewide Reporting and Accounting Policy, Civil Service, the Department of Revenue, the Office of the Attorney General, and any other state agencies or public entities as may be applicable.D. Authority. This LED Procurement Code is adopted in compliance with the Administrative Procedure Act, R.S. 49:950 et. seq., including the authority for review of LED rules by the House Committee on Commerce, the Senate Committee of Commerce, Consumer Protection, and International Affairs, the House Committee on Appropriations and the Senate Committee on Finance, and pursuant to R.S. 36:104 and Act 590 of the 2024 Regular Session and subject to the approval of the commissioner of Administration.La. Admin. Code tit. 34, § XV-101
Promulgated by Louisiana Economic Development, LR 51, exp. 4/5/2025 (Emergency).AUTHORITY NOTE: Promulgated in accordance with R.S. 36:104 and R.S. 39:1554.