Texas Administrative Code
Title 1 - ADMINISTRATION
Part 5 - TEXAS FACILITIES COMMISSION
Chapter 115 - FACILITIES LEASING PROGRAM
Subchapter A - STATE LEASED PROPERTY
Section 115.13 - Best Value Guidelines
Current through Reg. 49, No. 38; September 20, 2024
(a) The Commission shall develop procedures, deadlines, site analyses and market analyses to ensure that recommendations for lease procurements reflect the best value to the State of Texas.
(b) In determining the specific procedures to be used to evaluate the properties and identification of the best value to the state, the Commission shall develop and maintain documents in the permanent lease file of the Commission detailing its evaluation of each of the following criteria for all qualified sites selected for final consideration:
(c) Prior to making a recommendation to the Commission, an assessment of the proposed Lessor shall be performed to determine the relevant experience, financial condition, and history of bankruptcy, litigation and judgments involving the proposed Lessor, and, as appropriate, its owners, officers, directors, subsidiaries, affiliates, or predecessors that may be relevant indicators of proposed Lessor's ability to perform under the lease contract. The findings of this inquiry shall be maintained in the permanent lease file of the Commission.