Competitive Bidding and Proposals; State; State Boards, Commissions, Departments; Education, State Board of
GA-0998
Texas Attorney General Opinion
Competitive bidding, as required by Government Code section 2155.063, may not be required for some investment decisions if they do not involve the purchase of or contract for goods or services. Contracts with investment managers and investment service providers will require competitive bidding, as those involve the purchase of or contract for services.
Sourced from Texas Attorney General.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.