(a) Prior to entering into a contract with the United Mexican States or a state of the United Mexican States, the RMA must submit to the department:      
        (1) a summary of the purpose of the agreement;       
        (2) a list of the duties and responsibilities to be performed by each party to the contract;       
        (3) a description of any federal, state, or local funds to be spent in Mexico; and       
        (4) a description of any work to be done by RMA employees or contractors within Mexico.       
      (b) The commission will authorize the RMA to enter into a contract with the United Mexican States or a state of the United Mexican States if it determines that, based on the information provided by the RMA and any other factors the commission deems relevant, the contract will provide a significant benefit to the State of Texas.     
     Source Note:        The provisions of this §26.55 adopted to be effective March 18, 2004, 29 TexReg 2722