Amend SB 1420, on third reading, by adding the following appropriately numbered SECTION to the bill and renumbering the SECTIONS of the bill:

SECTION ____. The Texas Department of Transportation shall contract with a university to study whether indexing commodities, such as asphalt and steel, at the time of bid is in the best interest of the state. The study shall include surveys of relevant industry groups and other states to determine industry best practice and shall be completed and presented to the Texas Transportation Commission on or before December 31, 2011. The commission shall take appropriate action based on the results of the study.