In January 2005, the State of Louisiana awarded a statewide contract for equipment
maintenance to Specialty Underwriters, LLC. All State department, agencies, colleges
and universities, and boards and commissions are eligible to utilize this contract
which was designed to implement a cost reduction and management program for equipment
maintenance contracts.
This contract provide guaranteed discounts of 25 to 32 percent on all maintenance
contracts for equipment. Additionally, by consolidating multiple contracts the University
will be able to reduce the number of purchase orders and vendor payments, which will
lower University’s administrative burden.