(a) This section implements Government Code, §2261.202.     
      (b) Contract monitoring shall be conducted by staff of the financial services division, subject to the oversight of the financial services division director.     
      (c) Subject to the oversight of the financial services division director, internal auditors and staff of the financial services division shall perform any additional contract monitoring specifically directed by the audit committee of the commission, or warranted by the results of the Department's annual risk assessment.     
     Source Note:        The provisions of this §55.100 adopted to be effective March 1, 2017, 42 TexReg 674