HB692

Louisiana HB692 allows local governments to use group purchasing organizations for materials, equipment, and supplies, with price lists remaining.

HB692 enables local governments in Louisiana to enter into agreements with qualified group purchasing organizations (GPOs) for purchasing materials, equipment, and supplies. These GPOs must submit price lists that remain valid for at least three months and are considered binding bids. The price lists themselves are not public records, though the prices incorporated into contracts become public records upon bid opening or contract execution. Local governments can use GPOs when prices are lower than state contract pricing or when items are not available on the state bid list.