Relating to the authority of the board of regents of The Texas A&M University System to construct, acquire, improve, extend, and equip utility systems located on university system property.

Contracts

• P3 and Ground Leases: If your firm operates utility assets on TAMUS land under a Public-Private Partnership or ground lease, review "Termination for Convenience" and "Buyout" clauses. The law explicitly authorizes the System to acquire these properties, signaling a potential shift from outsourcing to System-ownership.
• Master Service Agreements (MSAs): Vendors providing maintenance to university facilities should review MSAs. The law expands the definition of serviceable facilities beyond dorms and kitchens to *any* facility. Ensure your scope of work clauses are flexible enough to capture this expanded territory without requiring full contract renegotiation.

Hiring/Training

• Bid Team Preparation: Business development teams must be briefed on the specific requirements of Section 1(d) regarding Brazos County. Proposals must now be granular enough to facilitate Board approval of "total cost" and "capacity" at the executive level.

Reporting & Record-Keeping

• No New Regulatory Filings: This bill does not impose new state reporting requirements on private business.
• Proposal Documentation: In upcoming RFPs, vendors must be prepared to provide detailed technical specifications regarding "type of construction" earlier in the bid process, as this data point is now a statutory requirement for Board approval.

Fees & Costs

• No New Fees: There are no new licensing fees or taxes.
• Rate Implications for Tenants: Private businesses operating on TAMUS campuses (e.g., retail, research parks) should anticipate potential utility rate adjustments. The Board is authorized to pledge "rentals, rates, and charges" to secure revenue bonds, potentially impacting utility costs passed through to commercial tenants.