SB 937 seeks to amend the Local Government Code to exempt certain public improvement projects within public improvement districts (PIDs) from standard bidding and procurement requirements. Specifically, if at least one-third of the cost of an improvement project is funded or secured through a special assessment levied on property within the PID, the project will not be subject to the competitive bidding or procurement procedures outlined in Chapters 252 and 262 of the code. The bill aims to streamline the procurement process for projects with significant financial contributions from property owners within the district.