Texas Register
TITLE 19 EDUCATION
PART 2TEXAS EDUCATION AGENCY
CHAPTER 109BUDGETING, ACCOUNTING, AND AUDITING
SUBCHAPTER DUNIFORM BANK BID OR REQUEST FOR PROPOSAL AND DEPOSITORY CONTRACT
RULE §109.51Uniform Depository Bank Bid or Proposal Form
ISSUE 08/15/2008
ACTION Final/Adopted
Preamble Texas Admin Code Rule
(a)Each school district shall choose whether to select a depository through a competitive bidding process or through a request for proposal process at least 60 days before the termination of the current depository contract.

(b)Each school district is to use a uniform bid or proposal blank form as specified in Texas Education Code, §45.206. A school district may add other terms to the uniform bid or proposal blank form based on additional requirements. The selected form must be mailed to each bank located in the school district at least 30 days before the termination of the current depository contract. The selected form must be filed with the Texas Education Agency in accordance with filing instructions specified in the form.

(c)The uniform bid blank form is provided in this subsection entitled "Bid Form for Depository Services."

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(d)The uniform proposal blank form is provided in this subsection entitled "Proposal Form for Depository Services."

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This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on July 28, 2008

TRD-200803936

Cristina De La Fuente-Valadez

Director, Policy Coordination

Texas Education Agency

Effective date: August 17, 2008

Proposal publication date: June 13, 2008

For further information, please call: (512) 475-1497

 

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