Terms Used In Louisiana Revised Statutes 38:1596.4

  • Contract: A legal written agreement that becomes binding when signed.

A.  The governing authority of the district, after having given notice of its intention as above set forth and after disposing of all objections and having decided to order the construction of such improvements, may have the necessary plans and specifications for the work prepared and may authorize the advertisement for bids therefor.  

B.  The advertisements for bids and the awarding of the contract shall be conducted as provided in La. Rev. Stat. 38:2211, et seq.  

C.  The plans and specifications may provide either that the contractor be required to accept certificates of indebtedness hereafter authorized if the governing authority elects to make such requirement or that they may be sold in such a manner and at such time as the governing authority may elect.  

Acts 1985, No. 979, §1.