(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
[Figure: 19 TAC §109.51(c)]
(d) This subsection provides the uniform proposal
blank form, 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 17, 2017
TRD-201700677 Cristina De La Fuente-Valadez
Director, Rulemaking
Texas Education Agency
Earliest possible date of adoption: April 2, 2017
For further information, please call: (512) 475-1497
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