Section 2261.255 - Contracts With Value Exceeding $5 Million 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.Tex. Gov't. Code § 2261.255
Added by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 326,Sec. 18, eff. 9/1/2015.