(a)At least 60 days before the end of the current depository contract, each school district must decide to use either competitive bidding or a request for proposals to choose a new depository. [(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)At least 30 days before the end of the current depository contract, the district must mail the uniform blank form for the selected process to each bank located in the district. The district must use either the uniform bid form specified in subsection (c) of this section or the uniform proposal form specified in subsection (d) of this section. The district may add other terms to the uniform bid or proposal form if the added terms do not unfairly restrict competition between banks as stated in the Texas Education Code, §45.206(b). The district must keep the selected bid or proposal form in the district and make it available to the Texas Education Agency upon request. [(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)This subsection provides the [The] uniform bid blank form, [is provided in this subsection] entitled "Bid Form for Depository Services." Attached Graphic [Figure: 19 TAC §109.51(c)] (d)This subsection provides the [The] uniform proposal blank form, [is provided in this subsection] entitled "Proposal Form for Depository Services." Attached Graphic [Figure: 19 TAC §109.51(d)]
The agency certifies that legal counsel has reviewed
the proposal and found it
to be within the state agency's legal authority
to adopt.
Filed with the Office
of the Secretary of State on February 20, 2014
TRD-201400783 Cristina De La Fuente-Valadez
Director, Rulemaking
Texas Education Agency
Earliest possible date of adoption: April 6, 2014
For further information, please call: (512) 475-1497
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