SB 20 requires state agencies to post on their Internet website contracts for the purchase of goods or services from a private vendor that are valued at $15,000 or greater. The list of contracts that fall under this requirement are below.
The Legislative Budget Board (LBB) is a permanent joint committee of the Texas Legislature that develops budget and policy recommendations for legislative appropriations, completes fiscal analyses for proposed legislation, and conducts evaluations and reviews to improve the efficiency and performance of state and local operations.
The Contracts Database is the single point of data entry for all contract information or contract documents that state entities are required to report to the LBB either by statute or the General Appropriations Act (GAA). Contract reporting requirements vary depending on contract type, contract amount and contracting entity. A summary of LBB requirements for the Members of The Texas A&M University System as well as a link to the LBB Contracts Database can be found below.
Contract Management Handbook
The Texas A&M University System Office has created a Contract Management Handbook to establish consistent contracting policies and practice to be followed by all Members of the System. The purpose of the Contract Management Handbook (CMH) is to offer System Members’ contract managers recommendations on improving existing contract management processes and practices.