Honorable Steve Ogden, Chair, Senate Committee on Finance
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:
HB26 by Delisi (Relating to an electronic database of major state contracts and related documents.), As Engrossed
No significant fiscal implication to the State is anticipated.
The bill would require each state agency to provide the Texas Building and Procurement Commission (TBPC) with copies of each major contract ($5 million and above) the agency has entered into and each request for proposal, invitation to bid, or solicitation related to the major contract. TBPC would be required to post this information on its electronic procurement system to make this information accessible to government entities and the public.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
303 Building and Procurement Commission, 313 Department of Information Resources