Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 34. PUBLIC FINANCE |
PART 1. COMPTROLLER OF PUBLIC ACCOUNTS |
CHAPTER 20. STATEWIDE PROCUREMENT AND SUPPORT SERVICES |
SUBCHAPTER C. PROCUREMENT METHODS AND CONTRACT FORMATION |
DIVISION 2. PROCUREMENT METHODS |
SECTION 20.218. Contract With Value Exceeding $5 Million
Latest version.
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For each state agency contract for the purchase of goods or services that has a value exceeding $5 million, the contract management office or procurement director of the agency must:
(1) verify in writing that the solicitation and purchasing methods and contractor selection process comply with state law and agency policy; and (2) submit to the governing body of the agency, or governing official of the agency if the agency is not governed by a multimember governing body, information on any potential issue that may arise in the solicitation, purchasing, or contractor selection process. Source Note: The provisions of this §20.218 adopted to be effective January 24, 2017, 42 TexReg 233