Sunshine Comes to Contracting with Texas Agencies
Making good on her promise to improve transparency in state contracting, Senator Nelson filed SB 353 which will require:
- Ethics training for state agency purchasing personnel
- Disclosures of conflicts of interests for those involved in contract procurement and contract management
- Prohibits contracts if:
- Agency governing body member(s) have a financial interest
- Governing official, executive director, general counsel, chief procurement officer, or procurement director of the agency has a financial interest; or
- A family member of the above has a financial interest
- All no-bid contracts are going online for the world to see
- Big Contracts, over $1 Million and $5Million, have new reporting requirements
- Agencies must have risk analysis procedures.