LAC 42:XV.321. Authorization and Execution of Contract

A. The corporation shall not execute a contract for a major procurement or a non-statutory major procurement unless the board reviews and approves the contract and authorizes execution of it by an authorized officer. The board may authorize execution of the contract in a form substantially similar to the form presented to the board for review, subject, however, to such modifications as are consistent with the RFP, the proposal and other documents delivered to the board, and as are reported to the board promptly after execution of the contract.