Tex. Gov't Code § 2310.411

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2310.411 - Waiver of Performance Bond

A subcontractor is not required to execute a performance bond under Chapter 2253 if:

(1) the construction, alteration, repair, or other public work to be performed under the contract is entirely in a readjustment zone; and

(2) the amount of the contract does not exceed $200,000.

Tex. Gov't. Code § 2310.411

Added by Acts 1997, 75th Leg., ch. 114, Sec. 1, eff. 5/19/1997.