LAC 13:I.4505. Contract Approval

A. Contract. The secretary shall determine the terms and conditions of the contract, including but not limited to, scope of the project, performance obligations, determination of qualifying relocation costs, and the maximum amount of qualifying relocation costs eligible for the rebate. B. Approval 1. The secretary may request approval of the contract by the Joint Legislative Committee on the Budget upon determining the company meets the eligibility requirements of the program. 2. The Joint Legislative Committee on the Budget may approve the contract for the business’ participation in the program.