R.S. 39:1656

Escalation clause ACTIVE

Bid specifications may contemplate a fixed escalation or de-escalation in accordance with a recognized price index. Such index may include but not be limited to the United States Bureau of Labor Statistics, Consumer Price Index and Wholesale Price Index. Bids based on specifications which are subject to a recognized escalation index shall be legal and valid.

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References

None.

Cited by

None.

History

  • enactment Acts 1979, No. 715, §1, eff. July 1, 1980
  • amendment Acts 2014, No. 864, §2, eff. Jan. 1, 2015

Section navigation

Cite R.S. 39:1656

Bluebook
La. Rev. Stat. Ann. § 39:1656 (2026).
Permalink
https://theusufruct.com/rs/title-39/section-1656
BibTeX
@misc{larevstat-39-1656,
  title        = {La. Rev. Stat. Ann. § 39:1656},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-39/section-1656},
  note         = {Snapshot 2026-05-22}
}