Sec. 2267.0605. PERFORMANCE AND PAYMENT BONDS REQUIRED. (a) The construction, remodel, or repair of a qualifying project may be performed only after performance and payment bonds for the construction, remodel, or repair have been executed in compliance with Chapter 2253 regardless of whether the qualifying project is on public or private property or is publicly or privately owned.
(b) For purposes of this section, a qualifying project is considered a public work under Chapter 2253 and the responsible governmental entity shall assume the obligations and duties of a governmental entity under that chapter. The obligee under a performance bond under this section may be a public entity, a private person, or an entity consisting of both a public entity and a private person.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1334 (S.B. 1048), Sec. 1, eff. September 1, 2011.
Structure Texas Statutes
Subtitle F - State and Local Contracts and Fund Management
Chapter 2267 - Public and Private Facilities and Infrastructure
Subchapter B. Qualifying Projects
Section 2267.051. Approval Required
Section 2267.052. Adoption of Guidelines by Responsible Governmental Entities
Section 2267.053. Approval of Qualifying Projects by Responsible Governmental Entity
Section 2267.054. Service Contracts
Section 2267.055. Affected Jurisdictions
Section 2267.056. Dedication and Conveyance of Public Property
Section 2267.057. Powers and Duties of Contracting Person
Section 2267.058. Comprehensive Agreement
Section 2267.059. Interim Agreement
Section 2267.060. Federal, State, and Local Assistance
Section 2267.0605. Performance and Payment Bonds Required
Section 2267.061. Material Default; Remedies
Section 2267.062. Eminent Domain
Section 2267.063. Affected Facility Owner
Section 2267.064. Police Powers; Violations of Law