Welcome to your daily briefing on government developments in Louisiana. Today we're covering 5 key stories including updates on louisiana government headlines, background & context. Let's dive in.
2 stories
BidNet Direct now hosts a dedicated portal where Louisiana Purchasing Group lists all bids, RFPs, state government contracts, and solicitations in one searchable location.
Louisiana government professionals can streamline vendor discovery and stay competitive on state procurement opportunities without monitoring multiple sources.
FindRFP offers a centralized resource for Louisiana bids, RFPs, and government contracts from state and local governments, with a free trial available.
Louisiana government professionals can streamline their vendor discovery and competitive bidding processes by accessing consolidated contract opportunities in one place.
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3 stories
Federal FOIA fee waivers must be granted when disclosure is "in the public interest" and not primarily commercial. The four-factor analysis (subject matter, informative value, contribution to public understanding, requester's commercial interest) is well-established but routinely misapplied by agencies as discretionary when it is mandatory if the factors are met.
A properly framed waiver request that addresses each factor explicitly is hard for an agency to deny without creating an appellate record. Most denials lose on appeal when the requester points to the framework.
MSRB Rule 15c2-12 requires issuers to file notice of certain events within 10 business days. The list runs to 16 categories now, including some (insolvency of obligated person, modifications to rights of bondholders, financial obligations material to investors) that are easily missed without a tracking process.
A pattern of late or missed event filings can trigger SEC enforcement and impair the issuer's future market access. The reputational cost outlasts the immediate penalty.
Most agencies have records-retention schedules that prescribe minimum and maximum hold periods for each record series. Discarding too early (below minimum) violates state records law; holding too long (above maximum) creates discovery exposure and storage cost. Both errors are routine.
Records litigation typically lands between the minimum and maximum boundaries — the gray zone where the schedule could go either way. A consistently followed schedule is the best defense against claims of selective retention.
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