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Texas Government Code - GOV'T § 2262.056. Approval Required for Assignment of Services Contracts

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) In this section:

(1) “Major information resources project” has the meaning assigned by Section 2054.003.

(2) “Sensitive personal information” has the meaning assigned by Section 521.002, Business & Commerce Code.

(b) A vendor awarded a services contract by a state agency may not assign the vendor's rights under the contract to a third party unless the assignment is approved by the state agency.

(c) At least 14 days before a state agency rejects or approves a vendor's proposed assignment under Subsection (b), the state agency shall notify the Legislative Budget Board of the proposed assignment if the contract subject to the assignment:

(1) is for a major information resources project; or

(2) involves storing, receiving, processing, transmitting, disposing of, or accessing sensitive personal information in a foreign country.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 2262.056. Approval Required for Assignment of Services Contracts - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-2262-056/

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