Texas Administrative Code
Title 19 - EDUCATION
Part 2 - TEXAS EDUCATION AGENCY
Chapter 109 - BUDGETING, ACCOUNTING, AND AUDITING
Subchapter D - UNIFORM BANK BID OR REQUEST FOR PROPOSAL AND DEPOSITORY CONTRACT
Section 109.51 - Uniform Depository Bank Bid or Proposal Form
Current through Reg. 49, No. 38; September 20, 2024
(a) At least 60 days before the end of the current depository contract, each school district must decide to use either competitive bidding or a request for proposals to choose a new depository.
(b) At least 30 days before the end of the current depository contract, the district must mail the uniform blank form for the selected process to each bank located in the district. The district must use either the uniform bid form specified in subsection (c) of this section or the uniform proposal form specified in subsection (d) of this section. The district may add other terms to the uniform bid or proposal form if the added terms do not unfairly restrict competition between banks as stated in the Texas Education Code, § 45.206(b). The district must keep the selected bid or proposal form in the district and make it available to the Texas Education Agency upon request.
(c) This subsection provides the uniform bid blank form, entitled "Bid Form for Depository Services."
(d) This subsection provides the uniform proposal blank form, entitled "Proposal Form for Depository Services."
