TITLE public-finance

Part III. Teacher Retirement System of Texas

Chapter 51. General Administration

34 TAC §51.2

The Teacher Retirement System of Texas (TRS) adopts a new §51.2 relating to Vendor Protests, Dispute Resolutions, and a Hearing. Section 51.2 is adopted without changes to the proposed text published in the November 13, 1998 issue of the Texas Register (23 TexReg 11559). The text will not be republished

The justification for this rule is found at §2155.076 of the Government Code which requires that each state agency by rule to develop and adopt protest procedures for resolving vendor protests relating to purchasing issues. This rule provides the process for a vendor to protest purchases made by TRS. Purchases made by the General Services Commission (GSC) on behalf of TRS are addressed in GSC rules at Texas Administrative Code, Title 1, Chapter 111. The rule will bring TRS in compliance with the Government Code, §2155.076.

No public comments were received.

The new rule is adopted under the Government Code, Chapter 825, §825.102, which authorizes the Board of Trustees of the Teacher Retirement System to adopt rules for the administration of the funds of the retirement system. In addition, §2155.076 of the Government Code requires such rules.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on December 28, 1998.

TRD-9818564

Charles Dunlap

Executive Director

Teacher Retirement System of Texas

Effective date: January 17, 1999

Proposal publication date: November 13, 1998

For further information, please call: (512) 391-2115