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Site work and new construction of an educational facility in Richardson, Texas. Completed plans call for the construction of a educational facility; and for site work for a educational facility.

The Legislature approved $3.35 billion for construction at colleges and universities across the state, with Houston projects receiving $552 million -- more than twice any other city -- and San Antonio ones receiving $157 million. Gov. Greg Abbott had included "improvements to higher education" to his list of priorities for the third special session that ended early this week, and is expected to sign the bill into law, although he had not as of Friday. RFQ No.: 302-1414 The bill authorizes what are known as "tuition revenue bonds," allowing schools to borrow money secured by their tuition dollars to get cheaper interest rates. The state then gives the schools money to pay back the loans. This was last done in 2015, when the state used general revenue funds to authorize $3.1 billion in borrowing, but this time the state plans to use federal funds from the American Rescue Plan at first, then general funds later. The three largest Houston projects are each receiving $69.87 million: Texas A&M System Health Science Center, for a Medical Center building; UT Health Sciences Center-Houston, for a public health education and research building; and the UT M.D. Anderson Cancer Center for a life sciences research, innovation and discovery initiatives facility. The largest projects in San Antonio are the Glen Biggs Institute for Alzheimer's & Neurodegenerative Disease building at UT Health San Antonio, at about $60 million; an innovation, entrepreneurship and careers building at the University of Texas at San Antonio that will get $52 million, and about $45 million for a public health and education building at Texas A&M University-San Antonio. School Project Amount (millions) UT Dallas Student success center $52.4

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Educational

$52,400,000.00

Public - State/Provincial

New Construction, Site Work

5

22

3

2

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October 19, 2022

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800 W Campbell Rd, Richardson, TX

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