LAC 56:III.127

LAC 56:III.127. Priority Value Points for Comparative Benefits

Last amended: 2005Year: 2026Length: 143 wordsOfficial source

Cite as La. Admin. Code tit. 56, pt. III, § 127

A. 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.
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