Sec. 3502.105. AWARDING OF CONTRACTS. (a) The board may adopt rules governing the receiving of bids and the awarding of contracts.
(b) A contract in the amount of more than $15,000 for the construction of improvements or the purchase of material, machinery, equipment, supplies, or any other property, other than real property, may only be awarded on competitive bids received by the authority.
(c) Notice must be published in a newspaper of general circulation in the authority not later than the 16th day before the date set for receiving bids for a contract described by Subsection (b).
(d) This section does not apply to:
(1) personal or professional services; or
(2) the acquisition or sale of the property.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.