Public-domain · open source
OpenJurist

Tex. Loc. Gov't Code § 271.061

COMPENSATION ON UNIT PRICE CONTRACTS

Known as the Certificate of Obligation Act

The act spans §§ 271.041 to 271.064 (27 sections).

Acts 1987, 70th Leg., ch. 149, Sec. 1, eff

If a contract is let on a unit price basis, the compensation paid to the contractor must be based on the actual quantities of items constructed or supplied.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.