31 Tex. Admin. Code § 8.6 - Review of Existing Contracts
(a) Existing
contracts with termination provisions.
(1) If
an agency is currently purchasing gas under an existing contract which makes
provision for termination and GLO can provide the agency with state gas at a
comparable or better price, GLO may offer the agency a state gas
contract.
(2) If the agency
declines GLO's contract it may make application for a waiver under §
8.7 of this title (relating to
Waivers for Contracts for the Acquisition of Non-State Gas).
(3) If the agency is not granted a waiver
under §
8.7 of this title (relating to
Waivers for Contracts for the Acquisition of Non-State Gas), GLO will monitor
the price difference and report the potential savings, if any, as provided
under §
8.10 of this title (relating to
Reporting Contract Savings).
(b) Existing contracts without termination
provisions.
(1) GLO shall issue a waiver under
§
8.7 of this title (relating to
Waivers for Contracts for the Acquisition of Non-State Gas), with respect to
existing contracts for which GLO could substitute a state gas contract to
provide gas at a comparable or lower price and that do not have a provision for
termination upon a showing by the agency that:
(A) the contract does not contain a
termination provision; and
(B) the
current provider will not agree to terminate the contract.
(2) If the agency is unable to provide
reasonable documentation of the conditions for waiver under this paragraph, the
provisions of subsection (a) of this section will apply to the existing
contract.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.