Texas Transportation Code 223.006 – Contractor’s Bond
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Transportation Code 223.006
- Contract: A legal written agreement that becomes binding when signed.
A successful bidder under this subchapter shall post a bond in an amount provided by law conditioned on the faithful compliance with the bidder’s bid and performance of the contract and made payable to the department for the use and benefit of the state highway fund.