1. A. LED shall have express authority to enter into the following contracts:

   1. 1. contracts with values under $75,001;
   2. 2. standardized template contracts, with minimal contractual modifications project to project, such as varying vendor names and financial award amounts. These may include but not be limited to:
2. a. the Louisiana Economic Development Award Program (EDAP);
3. b. certain Social Service and Personal Service contracts relative to the LED FastStart Program, with individual values less than $250,001 within a 12-month period (FastStart);
4. c. the Economic Development Readiness Program (EDRED);
5. d. the Tier 1 Program with the Regional Economic Development Organizations (Tier 1);
6. e. the Louisiana Entertainment Development Fund Program (EDF);
7. f. the State Trade Expansion Program (STEP).
8. 3. Personal and Professional Service contracts;
9. 4. Consulting Service contracts with values under $100,001.
10. B. Except that any contracts for Information technology equipment, related services and software purchasing shall be governed by the provisions of Chapter 13.

Authority Note

AUTHORITY NOTE: Promulgated in accordance with R.S. 36:104 and R.S. 39:1554.

Historical Note

HISTORICAL NOTE: Promulgated by Louisiana Economic Development, Office of the Secretary, LR 51:254 (February 2025).