In 2017 and 2018, 26 companies terminated their TEF agreements prior to completion. These
companies are listed below:
o Allstate Insurance Company

o Health Management Systems, Inc.

o BASF Corporation

o Jamba Juice Company

o Board of Regents of The University of
Texas System (UTHSC-H and MDACC)

o Lee Container Corporation, Inc.
o Natgasoline LLC

o Caterpillar Inc. (Victoria)

o Oracle America, Inc.

o Cerealto Seguin, LLC

o PETCO Animal Supplies, Inc.

o Chevron U.S.A., Inc.

o Sabre GLBL Inc.

o Dropbox, Inc.

o Samsung Austin Semiconductor, L.L.C.

o eBay Inc.

o Scott & White Memorial Hospital

o Emerson Process Management Valve
Automation

o Serenova, LLC
o Space Exploration Technologies Corp.

o Facebook, Inc.
o Galderma Laboratories, L.P.

o Thomson Reuters (Tax & Accounting)
Inc.

o General Electric Company

o Vendor Resource Management, Inc.

o GGNSC Holdings LLC
The OOG also continues to monitor all contracts for contract compliance and to pursue
liquidated damages when warranted by the award contract.
Contract terminations and non-performing contracts typically result in money being returned to
the Fund in one of three ways: through collection of liquidated damages for non-performance;
through payments resulting from early termination; and through the recovery of
unencumbered funds not disbursed due to termination.
The active management of contracts has resulted in the collection of $3,868,286.89 in
liquidated damages and termination payments since January 1, 2017.
Additionally, the OOG was able to return to the Fund $31,990,022.00 in unencumbered funds
as a result of terminations and amendments.

State Auditor’s Office Report
The State Auditor’s Office (SAO) issued An Audit Report on the Texas Enterprise Fund at the
Office of the Governor in September 2014. The OOG has implemented 100 percent of the
agreed upon recommendations from the SAO report, including the following significant
program improvements:

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