Texas Statutes
Subchapter B. Management and Control of Island Property; Board of Trustees
Section 254.024. Competitive Bidding

Sec. 254.024. COMPETITIVE BIDDING. (a) The board may award a contract involving the expenditure of more than $15,000 only by competitive bidding.
(b) Competitive bidding is not required:
(1) for a contract for:
(A) personal or professional services;
(B) a real estate transaction;
(C) operation of an improvement or facility under a specific agreement for a limited term; or
(D) insurance; or
(2) if the board determines that the delay posed by the competitive bidding procedure would prevent or substantially impair the operation of island property.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.