88R13197 DRS-F
By: Romero, Jr. H.B. No. 5184
A BILL TO BE ENTITLED
AN ACT
relating to the contracts of certain regional transportation
authorities that are required to be competitively bid.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 452.107(c), Transportation Code, is
amended to read as follows:
(c) The executive committee may authorize the negotiation
of a contract without competitive sealed bids or proposals if:
(1) the aggregate amount involved in the contract is
$250,000 [$50,000] or less;
(2) the contract is for construction for which not
more than one bid or proposal is received;
(3) the contract is for services or property for which
there is only one source or for which it is otherwise impracticable
to obtain competition;
(4) the contract is to respond to an emergency for
which the public exigency does not permit the delay incident to the
competitive process;
(5) the contract is for personal or professional
services or services for which competitive bidding is precluded by
law; or
(6) the contract, without regard to form and which may
include bonds, notes, loan agreements, or other obligations, is for
the purpose of borrowing money or is a part of a transaction
relating to the borrowing of money, including:
(A) a credit support agreement, such as a line or
letter of credit or other debt guaranty;
(B) a bond, note, debt sale or purchase, trustee,
paying agent, remarketing agent, indexing agent, or similar
agreement;
(C) an agreement with a securities dealer or
investment adviser, broker, or underwriter; and
(D) any other contract or agreement considered by
the executive committee to be appropriate or necessary in support
of the authority's financing activities.
SECTION 2. The change in law made by this Act applies only
to a contract for which a regional transportation authority first
advertises or otherwise solicits bids or proposals on or after the
effective date of this Act.
SECTION 3. This Act takes effect September 1, 2023.