Texas HB4069 adjusts procurement thresholds and inflation adjustments for county contracts.
Texas HB4069 modifies the threshold for competitive procurement requirements for Texas counties. It raises the expenditure limit from $50,000 to $67,715 for contracts requiring competitive bidding or proposal procedures. The bill also mandates the comptroller to adjust this threshold annually based on inflation, starting from 2025. Additionally, it sets rules for change orders and performance bonds in county contracts. The changes take effect on September 1, 2025.
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