Texas § ED.55.165 - OVERSIGHT OF CERTAIN CAPITAL PROJECTS

§ ED.55.165. OVERSIGHT OF CERTAIN CAPITAL PROJECTS

OVERSIGHT OF CERTAIN CAPITAL PROJECTS. (a) This section applies only to a capital project for which the issuance of bonds is specifically authorized under this chapter on or after October 1, 2021. (b) Notwithstanding Section 2262.002 (a), Government Code, or any other law, a project to which this section applies is subject to oversight by the contract advisory team in accordance with Subchapter C , Chapter 2262 , Government Code, and the governing board of the institution of higher education or university system for which a project was authorized shall consult the contract advisory team before expending any funds for purposes of the project. The contract advisory team shall consider the model guidelines for procurement and construction developed by the capital project oversight advisory commission established by S.B. 52, 87th Legislature, 3rd Called Session, 2021, when consulting with a governing board for purposes of this subsection. (c) Notwithstanding Section 322.020 (f), Government Code, or any other law, the governing board of an institution of higher education or university system authorized to issue bonds for a project to which this section applies shall report any major contract as defined by Section 322.020 (a), Government Code, that is entered into for purposes of the project to the major contracts database maintained by the Legislative Budget Board under Section 322.020 , Government Code, not later than the 30th day after the date the contract is executed. Added by Acts 2021, 87th Leg., 3rd C.S., Ch. 9 (S.B. 52 ), Sec. 3, eff. January 18, 2022.