TO: | Honorable Burt R. Solomons, Chair, House Committee on State Affairs |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB2515 by Smith, Todd (Relating to the minimum dollar amount for certain requirements to apply to certain public contracts.), Committee Report 1st House, Substituted |
Current law in the Government Code requires a governmental entity to require a payment bond from a prime contractor for a public work contract in excess of $25,000. The bill would amend the Government Code to require this payment bond if the governmental entity is not a municipality or joint board for a county or municipal airport, or if the contract is in excess of $50,000 and the governmental entity is a municipality or joint board for a county or municipal airport.
Current law in the Local Government Code allows the governing body of a municipality to grant general authority to an administrative official to approve a change order that involves a decrease or an increase of $25,000 or less. The bill would raise the limit to $50,000.
The agencies contacted indicate that the bill would have no fiscal implication to the State.
Source Agencies: | 303 Facilities Commission, 304 Comptroller of Public Accounts, 529 Health and Human Services Commission, 601 Department of Transportation, 696 Department of Criminal Justice, 701 Central Education Agency, 710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration
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LBB Staff: | JOB, KJG, SD, PJK, DB
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