1. (a) Notice. The department will publish a notice of intent to award an information logo sign program contract in industry related publications at least 45 calendar days prior to contractor selection. The notice shall include prequalification requirements for potential contractors.

2. (b) Bidding requirements.

   1. (1) To be considered for award of a contract under this section, a contractor must file with the director of traffic operations a sealed bid proposal in a form prescribed by the department. Submission of the bid proposal must comply with the location, date, and time requirements of the notice. The bids shall be opened at a public hearing conducted by the director of traffic operations. All bidders may attend and all bids shall be opened in their presence.
   2. (2) The bid amount will be the total of the specific information logo sign installation fee plus, five times the sum of the annual rental fees for one business logo sign space and one ramp business logo sign per direction of travel, added to one-tenth of the sum of the major shopping area guide sign and major shopping area ramp sign rental fees. Expressed as a formula in the following Figure 1.

3. (c) Award of contract.

   1. (1) All bid proposals received by the director of traffic operations shall be tabulated and forwarded to the commission. The commission may accept or reject all bids, and if accepted, award the contract to the lowest bidder.
   2. (2) The department will notify the contractor by certified mail of the award of a information logo sign program contract within ten calendar days of the date of the award. To accept the award, the contractor must execute a contract with the department within 30 calendar days of the date of the award.
   3. (3) The contract shall be in a form prescribed by the department and shall, at a minimum, include all terms and conditions prescribed by this undesignated head and such other terms and conditions the department deems advantageous to the state.

Source Note:The provisions of this §25.404 adopted to be effective October 21, 1992, 17 TexReg 7106; amended to be effective October 27, 1995, 20 TexReg 8485.