Texas Local Government Code
§ 252.047 — PAYMENT METHOD FOR CERTAIN CONTRACTS
LG § 252.047Title 8. ACQUISITION, SALE, OR LEASE OF PROPERTY · Part A. MUNICIPAL ACQUISITION, SALE, OR LEASE OF PROPERTY · Ch. 252. PURCHASING AND CONTRACTING AUTHORITY OF MUNICIPALITIES · Art. C. PROCEDURES
Statute text
View on sourceIf the contract is for the construction of public works or for the purchase of materials, equipment, and supplies, the municipality may let the contract on a lump-sum basis or unit price basis as the governing body of the municipality determines. If the contract is let on a unit price basis, the information furnished to bidders must specify the approximate quantity needed, based on the best available information, but payment to the contractor must be based on the actual quantity constructed or supplied.
Legislative history
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.