Bid Commitment Must Be Submitted:

Each bidder must submit a signed Bid Commitment on or before 5:00 p.m. CDT on Tuesday, August 18, 2020, as set out in the Notice of Sale.

Separate Filing May Be Required (Interested Party Disclosure - Form 1295):

If applicable, a bidder on the Notes must submit a Certificate of Interested Parties (“Form 1295”) for itself or each applicable syndicate member on or before 5:00 p.m. CDT on Tuesday, August 18, 2020, as set out in the Notice of Sale. Pursuant to Texas Government Code §2252.908 (the “Interested Party Disclosure Act”), the Comptroller may not award any Notes to a bidder unless the bidder has provided to the Comptroller either (a) a written representation that such bidder and each syndicate member listed on such bidder’s Bid Commitment is exempt from the requirement to provide a Form 1295 or (b) for all other bidders, including any applicable syndicate member listed on a bidder’s Bid Commitment, a Form 1295, as prescribed by the Texas Ethics Commission (the “TEC”). Pursuant to the rules prescribed by the TEC, the Form 1295 must be completed online through the TEC’s website.

For Additional Information, you may refer to the following resources:

• Form 1295

HUB Participation

The Comptroller encourages participation by Texas Historically Underutilized Businesses ("HUBs") in all contracts. In general, a Texas HUB is defined as a small business with its principal place of business in Texas that is primarily minority, women, or service-disabled veteran owned and operated.

The Comptroller encourages qualified Texas HUBs to bid directly on the Notes. For all other bidders, the Comptroller encourages them to make a good faith effort to increase Texas HUB participation in the award of the Notes by actively seeking opportunities to partner with Texas HUBs and where appropriate entering into Mentor-Protege relationships with Texas HUBs.

Required HUB Disclosure Report for Successful Bidders:

Each successful bidder must submit a HUB disclosure report to the Comptroller within two (2) business days after the sale of the Notes, as set out in Attachment C of the Notice of Sale.

For Additional Information, you may refer to the following resources:

• Attachment C of the Notice of Sale
• A current list of Texas HUBs who classify their business in the category of financial services
• Texas HUB Participation Questions and Answers