CONTRACTOR BOND.

Tex. TRANSP Code § 441.115.
in effect
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A contractor shall execute a bond for the amount of the contract price. The bond must be payable to and approved by the board and conditioned on: (1) faithful performance of the contract obligations; and (2) payment to the district of damages resulting from any default.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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