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Senate moves to modernize procurement code, raising purchase thresholds and adding protest bond requirement
Summary
SB151, a procurement modernization bill, passed the Senate after sponsors described raising thresholds for purchases, allowing online advertisement, and requiring a surety bond for protesters; senators questioned the size of the bond and potential chilling effects on legitimate protests.
Senate Bill 151, a measure to update the Louisiana procurement code, passed the Senate on April 28 after floor debate about purchases thresholds and protest procedures.
Senator Maizell, sponsor of the bill, told the chamber the measure was intended to modernize an “outdated” procurement process and to make state purchasing more efficient. Key provisions include raising the threshold…
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