Current through Register Vol. 50, No. 11, November 20, 2024
Section III-127 - Priority Value Points for Comparative BenefitsA. To the base priority value indicated for each project according to the preceding table is added additional numerical value for each of the following purposes: 1. an amount not to exceed 1.0 in value, representing the ratio of persons benefitted directly by the project per $100 of total project cost (including federal grant cost share, if any). This additive value factor encourages projects with the greatest public benefit;2. a bonus in the amount of 10 times the decimal value by which the federal, local and other non-state shares of the project cost exceed 75 percent of the total project construction costs. For example, a project with 90 percent federal and local funding would receive a bonus of 10 x (0.90 - 0.75) = 1.5 points. This bonus encourages and rewards a maximum use of available federal, entity and private funding resources.La. Admin. Code tit. 56, § III-127
Promulgated by the Department of Transportation and Development, Office of Public Works, LR 1:249 (May 1975), amended LR 11:885 (September 1985), repromulgated by the Department of Transportation and Development, Office of Public Works, LR 31:942 (April 2005).AUTHORITY NOTE: Promulgated in accordance with R.S. 38:30 et seq.