COMPETITIVE BIDDING EXCEPTION FOR CERTAIN IMPROVEMENTS.
Tex. TRANSP Code § 431.110.
in effectAny competitive bidding requirement or restriction on a local government that created a local government corporation does not apply to an expenditure by the local government corporation for:
(1) an improvement:
(A) that is constructed in a reinvestment zone; and
(B) the construction of which is managed by a private venture participant; or
(2) an improvement constructed by the corporation for which more than 50 percent of the construction is funded by a private entity.
Added by Acts 2007, 80th Leg., R.S., Ch. 1213 (H.B. 1886 ), Sec. 16, eff. September 1, 2007.
SUBCHAPTER E. AMENDMENT OR RESTATEMENT OF ARTICLES OF INCORPORATION