The provisions of this policy apply to procurements of discretionary expenditure and
revenue contracts for goods, services, and concessions, where the selection criteria
is not limited by state or federal law in a manner that prevents application of the
preference provided in this article. This policy does not apply to any expenditure
or revenue contract with a value that is less than the amount that is required to
be bid pursuant to state law (V.T.C.A., Local Government Code ch. 252, and as amended),
currently fifty thousand dollars ($50,000.00) or less.