(a) The General Land Office (GLO) shall identify contracts that require enhanced monitoring.
(b) In determining which contracts require enhanced monitoring, the GLO shall consider factors including:
(1) contract amount;
(2) risk;
(3) special circumstances of project; and
(4) scope of goods or services provided.
(c) The GLO shall adopt procedures to administer the enhanced contract monitoring program.
(d) Enhanced contract monitoring reports shall be regularly provided to the commissioner, chief clerk, and when applicable, to the School Land Board or the Veterans Land Board.
Source Note: The provisions of this §3.51 adopted to be effective April 24, 2016, 41 TexReg 2771