Sec. 2253.073. SUIT ON PAYMENT BOND. (a) A payment bond beneficiary who has provided public work labor or material under a public work contract for which a payment bond is furnished under this chapter may sue the principal or surety, jointly or severally, on the payment bond if the claim is not paid before the 61st day after the date the notice for the claim is mailed.
(b) Suit may be brought under Subsection (a) for:
(1) the unpaid balance of the beneficiary's claim at the time the claim was mailed or the suit is brought; and
(2) reasonable attorney fees.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Structure Texas Statutes
Subtitle F - State and Local Contracts and Fund Management
Chapter 2253 - Public Work Performance and Payment Bonds
Subchapter D. Claims on Bonds; Enforcement
Section 2253.071. Termination or Abandonment of Contract; Proceeds of Contract
Section 2253.072. State Not Liable for Costs
Section 2253.073. Suit on Payment Bond
Section 2253.074. Costs and Attorney Fees
Section 2253.075. Assignment of Claim
Section 2253.076. Limitations on Certain Claims; Maximum Retainage
Section 2253.078. Statute of Limitations
Section 2253.079. Criminal Offense for False and Fraudulent Claim