Texas Statutes (Last Updated: January 4, 2014) |
TRANSPORTATION CODE |
Title 6. ROADWAYS |
Subtitle I. TRANSPORTATION CORPORATIONS |
Chapter 431. TEXAS TRANSPORTATION CORPORATION ACT |
Subchapter D. LOCAL GOVERNMENT CORPORATIONS |
Sec. 431.110. COMPETITIVE BIDDING EXCEPTION FOR CERTAIN IMPROVEMENTS
Latest version.
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Any competitive bidding requirement or restriction on a local government that created a local government corporation does not apply to an expenditure by the local government corporation for:
(1) an improvement:
(A) that is constructed in a reinvestment zone; and
(B) the construction of which is managed by a private venture participant; or
(2) an improvement constructed by the corporation for which more than 50 percent of the construction is funded by a private entity.
Added by Acts 2007, 80th Leg., R.S., Ch. 1213 , Sec. 16, eff. September 1, 2007.