Sec. 2112.003. DECIDING WHETHER AUDIT WILL BE COST-EFFECTIVE. (a) Before the agency or institution conducts an audit, it shall analyze the potential benefit of the audit.
(b) The agency or institution is not required to perform the audit if it determines that the savings and refunds provided by the audit will not exceed its cost.
Added by Acts 1997, 75th Leg., ch. 165, Sec. 16.03(a), eff. Sept. 1, 1997.
Structure Texas Statutes
Subtitle C - State Accounting, Fiscal Management, and Productivity
Chapter 2112 - Utility Billing Audits by State Agencies and Institutions of Higher Education
Section 2112.001. Audit Requirement
Section 2112.002. Facts Determined by Audit
Section 2112.003. Deciding Whether Audit Will Be Cost-Effective
Section 2112.004. Recovering Refunds; Paying for Audit Out of Refunds