(a) For each contract for the purchase of goods or services from a private vendor, each state agency shall post on its Internet website:
(1) each contract the agency enters into, including contracts entered into without inviting, advertising for, or otherwise requiring competitive bidding before selection of the contractor, until the contract expires or is completed;
(2) the statutory or other authority under which a contract that is not competitively bid under Subdivision (1) is entered into without compliance with competitive bidding procedures; and
(3) the request for proposals related to a competitively bid contract included under Subdivision (1) until the contract expires or is completed.
(b) A state agency monthly may post contracts described by Subsection (a) that are valued at less than $15,000.

(c) Each state agency by rule shall establish a procedure to identify each contract that requires enhanced contract or performance monitoring and submit information on the contract to the agency’s governing body or, if the agency is not governed by a multimember governing body, the officer who governs the agency. The agency’s contract management office or procurement director shall immediately notify the agency’s governing body or governing official, as appropriate, of any serious issue or risk that is identified with respect to a contract monitored under this subsection.
(d) This section does not apply to a memorandum of understanding, interagency contract, interlocal agreement, or contract for which there is not a cost.
(e) A state agency that posts a contract on its Internet website as required under this section shall redact from the posted contract:
(1) information that is confidential under law;
(2) information the attorney general determines is excepted from public disclosure under Chapter 552; and
(3) the social security number of any individual.
(f) The redaction of information under Subsection (e) does not exempt the information from the requirements of § 552.021 or 552.221.
(g) Subsection (a) does not apply to:
(1) a contract posted on the major contracts database established under § 322.020; or
(2) a contract of an institution of higher education that is valued at less than $15,000 and paid with money other than funds appropriated to the institution by this state.
(h) In this section, “institution of higher education” has the meaning assigned by § 61.003, Education Code, except that the term does not include a public junior college.