An institution of higher education must notify the department in writing within thirty calendar days if:
  (1) the institution is determined to be out of compliance with the purchasing standards required under Texas Education Code §51.9337; or
  (2) the institution is determined to have regained its acquisition authority under Texas Education Code §51.9335.

Source Note: The provisions of this §212.50 adopted to be effective November 23, 2015, 40 TexReg 8195; amended to be effective February 10, 2022, 47 TexReg 490