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 05/09/2014
ACTION Final/Adopted
Preamble Texas Admin Code Rule

(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.

(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.

(c)This subsection provides the uniform bid blank form, entitled "Bid Form for Depository Services."

Attached Graphic

(d)This subsection provides the uniform proposal blank form, entitled "Proposal Form for Depository Services."

Attached Graphic

The agency certifies that legal counsel has reviewed the adoption and found it to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on April 25, 2014

TRD-201401996

Cristina De La Fuente-Valadez

Director, Rulemaking

Texas Education Agency

Effective date: May 15, 2014

Proposal publication date: March 7, 2014

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



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