Sec. 2262.056. APPROVAL REQUIRED FOR ASSIGNMENT OF SERVICES CONTRACTS. (a) In this section:
(1) "Major information resources project" has the meaning assigned by Section 2054.003.
(2) "Sensitive personal information" has the meaning assigned by Section 521.002, Business & Commerce Code.
(b) A vendor awarded a services contract by a state agency may not assign the vendor's rights under the contract to a third party unless the assignment is approved by the state agency.
(c) At least 14 days before a state agency rejects or approves a vendor's proposed assignment under Subsection (b), the state agency shall notify the Legislative Budget Board of the proposed assignment if the contract subject to the assignment:
(1) is for a major information resources project; or
(2) involves storing, receiving, processing, transmitting, disposing of, or accessing sensitive personal information in a foreign country.
Added by Acts 2019, 86th Leg., R.S., Ch. 953 (S.B. 65), Sec. 29, eff. September 1, 2019.
Structure Texas Statutes
Subtitle F - State and Local Contracts and Fund Management
Chapter 2262 - Statewide Contract Management
Subchapter B. Contract Management
Section 2262.051. Contract Management Guide; Rules
Section 2262.052. Compliance With Guide
Section 2262.053. Contract File Checklist; Certification of Agency Compliance
Section 2262.054. Public Comment
Section 2262.055. Vendor Performance Tracking System
Section 2262.056. Approval Required for Assignment of Services Contracts
Section 2262.057. Standards for Contracts Related to Emergency Management