Louisiana Revised Statutes 39:123 – Construction progress report
Terms Used In Louisiana Revised Statutes 39:123
- Contract: A legal written agreement that becomes binding when signed.
The commissioner of administration shall provide quarterly to the legislature by the fifteenth day following the beginning of the first month in each quarter, a construction progress report listing all uncompleted capital construction, highway, road, and public works projects with remaining funds of any type that have been funded by the legislature, whether such funding was by appropriation or by bond authorization or was authorized by the governor out of the discretionary construction funds, containing the following information for each such project:
(1) The total project amount funded, indicating the year, the act or acts, and whether through the issuance and sale of bonds or through cash appropriations, for each portion of the total amount.
(2) The amount contracted for the project as of the first day of the preceding month, also listing the date let, the last date paid, contingency amounts, net payments, retainage balance, and the total amount expended.
(3) The date of completion of the project design.
(4) The contract award date.
(5) The estimated completion date.
(6) An estimate of percent of project completion to date.
(7) The date each phase of the project is completed.
(8) In the case of highway, road, or public works projects, the percentage of completion of purchase or rights of way where required.
Acts 1989, No. 836, §1, eff. July 1, 1989.