Texas Government Code 2155.0755 – Verification of Use of Best Value Standard
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(a) The contract manager or procurement director of each state agency shall:
(1) approve each state agency contract for which the agency is required to purchase goods or services using the best value standard;
(2) ensure that, for each contract, the agency documents the best value standard used for the contract; and
(3) acknowledge in writing that the agency complied with the agency’s and comptroller‘s contract management guide in the purchase.
(b) For each purchase of goods or services for which a state agency is required to use the best value standard, the comptroller shall ensure that the agency includes in the vendor performance tracking system established under § 2262.055 information on whether the vendor satisfied that standard.
Terms Used In Texas Government Code 2155.0755
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
- Contract: A legal written agreement that becomes binding when signed.
- in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
