Texas HB5405 amends the Local Government Code to require competitive bidding for municipal expenditures over $100,000 and mandates contact with.

Texas HB5405 modifies the Local Government Code to establish stricter requirements for municipal contracts involving significant expenditures. For contracts exceeding $100,000, municipalities must follow competitive bidding procedures, use reverse auction procedures, or comply with other specified methods. Additionally, for expenditures between $3,000 and $100,000, municipalities must contact at least two historically underutilized businesses on a rotating basis, based on information from the comptroller.

Texas HB5405 amends the Local Government Code to require competitive bidding for municipal expenditures over $100,000 and mandates contact with.

Texas HB5405 modifies the Local Government Code to establish stricter requirements for municipal contracts involving significant expenditures. For contracts exceeding $100,000, municipalities must follow competitive bidding procedures, use reverse auction procedures, or comply with other specified methods. Additionally, for expenditures between $3,000 and $100,000, municipalities must contact at least two historically underutilized businesses on a rotating basis, based on information from the comptroller.