Sec. 2310.411. WAIVER OF PERFORMANCE BOND

Latest version.

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.

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

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');