Texas Transportation Code Chapter 224 > Subchapter C – Contract With Transportation Corporation
Current as of: 2024 | Check for updates
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§ 224.061 | Definitions |
§ 224.062 | Authority to Contract |
§ 224.063 | Sufficiency of Funds |
§ 224.064 | Terms and Conditions |
§ 224.065 | Construction Management Services |
§ 224.066 | Additional Powers |
Terms Used In Texas Transportation Code Chapter 224 > Subchapter C - Contract With Transportation Corporation
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Year: means 12 consecutive months. See Texas Government Code 311.005