(a) Contracts. The department may contract with one or more vendors for professional services to administer the advertising operations for the department at travel information centers.
(b) Quarterly reporting. A vendor shall furnish a quarterly electronic inventory to the department in a format prescribed by the department. The inventory must include:
  (1) a list of all participating advertisers that have a valid agreement with the vendor under §23.44 of this subchapter (relating to Agreement for Advertising at Travel Information Centers); and
  (2) data pertaining to sales, advertising rates, and unused advertising space at each travel information center.
(c) Annual report. A vendor shall furnish an annual report to the department in a format prescribed by the department. The annual report must include:
  (1) a listing of all advertisers with which the vendor has executed an agreement under §23.44 of this subchapter during the year for which the report is made;
  (2) a financial accounting of all revenues collected during that year by the vendor from the sales of advertising space at each travel information center;
  (3) the annual revenues submitted to the department from the sales of advertising space at each travel information center;
  (4) data pertaining to sales, advertising rates, and unused advertising space at each travel information center; and
  (5) any other information associated with the contract that the department determines necessary.

Source Note: The provisions of this §23.46 adopted to be effective January 7, 2015, 40 TexReg 95