Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
SB2437 by Uresti (Relating to the use by a metropolitan rapid transit authority of the construction manager-at-risk method for the construction, rehabilitation, alteration, or repair of a facility.), As Introduced
No fiscal implication to the State is anticipated.
The bill would amend Section 271.118, Local Government Code, to authorize a metropolitan rapid transit authority to use the construction manager-at-risk method for construction, rehabilitation, alteration, or repair of a facility.
Local Government Impact
Authorizing another option in method for construction, rehabilitation, alteration, or repair of a facility would allow a metropolitan rapid transit authority more flexibility in selecting the most cost-effective method for a project, and would therefore have a positive fiscal impact. The fiscal impact would vary by project.