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2025 Texas Statutes
Water Code
Title 4 - General Law Districts
Chapter 62 - Article Xvi, Section 59, Navigation Districts
Subchapter D. Powers and Duties
Section 62.114. Bond of Contractor
Universal Citation:
TX Water Code § 62.114 (2025)
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Sec. 62.114. BOND OF CONTRACTOR. (a) The party, firm, or corporation to whom a contract is awarded under Section 62.111 of this code shall execute a bond, payable to the commission, for twice the amount of the contract price, conditioned on faithful performance of the obligations, agreements, and covenants of the contract and that in default of the performance he will pay to the district all damages sustained by reason of the default.
(b) The bond shall be approved by the commission.
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.
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