State treasurer looking to rid Louisiana of 'unnecessary' contracts

State treasurer looking to rid Louisiana of 'unnecessary' contracts
Louisiana Politics

POSTED: Tuesday, May 8, 2012 - 12:45pm

UPDATED: Tuesday, May 8, 2012 - 12:49pm

State Treasurer John Kennedy offered up a few plans he thinks could save the state up to a billion dollars.

First, he wants to get rid of unnecessary consulting contracts; right now, the state has 19,000 contracts worth $616 million.

He suggested that each state agency get rid of ten percent of contracts they don't really need. 

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