Sec. 252.047. PAYMENT METHOD FOR CERTAIN CONTRACTS. If the contract is for the construction of public works or for the purchase of materials, equipment, and supplies, the municipality may let the contract on a lump-sum basis or unit price basis as the governing body of the municipality determines. If the contract is let on a unit price basis, the information furnished to bidders must specify the approximate quantity needed, based on the best available information, but payment to the contractor must be based on the actual quantity constructed or supplied.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Structure Texas Statutes
Title 8 - Acquisition, Sale, or Lease of Property
Subtitle A - Municipal Acquisition, Sale, or Lease of Property
Chapter 252 - Purchasing and Contracting Authority of Municipalities
Section 252.041. Notice Requirement
Section 252.0415. Procedures for Electronic Bids or Proposals
Section 252.042. Requests for Proposals for Certain Procurements
Section 252.043. Award of Contract
Section 252.0435. Safety Record of Bidder Considered
Section 252.0436. Contract With Person Indebted to Municipality
Section 252.044. Contractor's Bond
Section 252.045. Referendum on Issuance of Time Warrants
Section 252.046. Circumstances in Which Current Funds to Be Set Aside
Section 252.047. Payment Method for Certain Contracts
Section 252.048. Change Orders
Section 252.049. Confidentiality of Information in Bids or Proposals
Section 252.050. Lease-Purchase or Installment Purchase of Real Property
Section 252.051. Appraisal Required Before Purchase of Property With Bond Proceeds