LTA Conditionally Approves LabMar Ferry Privatization
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Description
The Louisiana Transportation Authority Board approved the Cameron Ferry privatization proposal with LabMar, contingent on execution of a comprehensive operations agreement and presentation of final terms and costs. This conditional approval authorizes DOTD to finalize negotiations for LabMar to operate the service.
Contract Details
Vendor
LABMAR
Agency
Louisiana Department of Transportation & Development, LA
Contract Type
TRANSPORTATION
Document Date
March 26, 2026
Renewal Info
Board approval is expressly contingent on execution of a comprehensive agreement between LabMar and LTA/DOTD; renewal or extension terms will be defined in that future agreement and are not yet set.
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Issuing Agency
State
Baton Rouge, LA
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