Terms Used In Louisiana Revised Statutes 48:93

  • Contract: A legal written agreement that becomes binding when signed.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Joint committee: Committees including membership from both houses of teh legislature. Joint committees are usually established with narrow jurisdictions and normally lack authority to report legislation.

A.  On the first day of each quarter of the fiscal year, October first, January first, April first, and July first, the department shall provide to the Joint Committee on Transportation, Highways and Public Works a report of all contracts between the department and consulting engineers.

B.  Such report shall include the following information for each contract:

(1)  The name of the engineer or engineering firm.

(2)  The amount of the contract.

(3)  The source of funds for the contract.

(4)  The purpose of the contract.

(5)  The status of the contract.

(6)  The anticipated completion date of the contract.

Acts 1995, No. 317, §1; Acts 2001, No. 1032, §16.