88R13197 DRS-F     By: Romero, Jr. H.B. No. 5184       A BILL TO BE ENTITLED   AN ACT   relating to the contracts of certain regional transportation   authorities that are required to be competitively bid.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 452.107(c), Transportation Code, is   amended to read as follows:          (c)  The executive committee may authorize the negotiation   of a contract without competitive sealed bids or proposals if:                (1)  the aggregate amount involved in the contract is   $250,000 [$50,000] or less;                (2)  the contract is for construction for which not   more than one bid or proposal is received;                (3)  the contract is for services or property for which   there is only one source or for which it is otherwise impracticable   to obtain competition;                (4)  the contract is to respond to an emergency for   which the public exigency does not permit the delay incident to the   competitive process;                (5)  the contract is for personal or professional   services or services for which competitive bidding is precluded by   law; or                (6)  the contract, without regard to form and which may   include bonds, notes, loan agreements, or other obligations, is for   the purpose of borrowing money or is a part of a transaction   relating to the borrowing of money, including:                      (A)  a credit support agreement, such as a line or   letter of credit or other debt guaranty;                      (B)  a bond, note, debt sale or purchase, trustee,   paying agent, remarketing agent, indexing agent, or similar   agreement;                      (C)  an agreement with a securities dealer or   investment adviser, broker, or underwriter; and                      (D)  any other contract or agreement considered by   the executive committee to be appropriate or necessary in support   of the authority's financing activities.          SECTION 2.  The change in law made by this Act applies only   to a contract for which a regional transportation authority first   advertises or otherwise solicits bids or proposals on or after the   effective date of this Act.          SECTION 3.  This Act takes effect September 1, 2023.