<<Prev Rule | Texas Administrative Code |
Next Rule>> |
TITLE 1 | ADMINISTRATION |
PART 3 | OFFICE OF THE ATTORNEY GENERAL |
CHAPTER 53 | MUNICIPAL SECURITIES |
SUBCHAPTER E | APPROVAL OF ISSUES OF CERTIFICATES OF OBLIGATION |
RULE §53.72 | Increases in Original Contract Price |
No original contract price may be increased by more than 25% (regardless of the intended source of funds to provide for such increase), nor shall any original contract be decreased by more than 25% without the consent of the contractor to such decrease. |
Source Note: The provisions of this §53.72 adopted to be effective January 1, 1976. |