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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Preapproved terms and conditions to which a vendor, the comptroller, and the department agree are valid for two years after the date of the agreement and must provide that the terms and conditions are to be renegotiated before the end of the two years.
(b) The comptroller and the department jointly shall establish procedures to ensure that terms and conditions are renegotiated before they expire in a contract between the vendor and a state agency.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 2157.182. Validity of Preapproved Terms and Conditions; Renegotiation - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-2157-182/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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