(a) Contract monitoring, when applicable, is primarily conducted by the administrative staff of the Board under the authority and direction of Government Code §2261.202.
(b) The Board's chief financial officer is responsible for maintaining a record of contracts requiring enhanced contract or performance monitoring, as defined in Government Code §2261.253, for submission to the Board.
(c) The Board's chief financial officer shall immediately notify the Board or the executive director, as appropriate, of any serious issue or risk that is identified with respect to a contract monitored under subsection (c) of Government Code §2261.253.

Source Note: The provisions of this §82.5 adopted to be effective November 24, 2015, 40 TexReg 8217; transferred effective November 1, 2018, as published in the Texas Register October 19, 2018, 43 TexReg 6963