Tex. Water Code § 63.173

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 63.173 - Contractor's Bond

The contractor shall execute an adequate bond payable to the commission in the amount of the contract price, conditioned that he will faithfully perform the obligations, agreements, and covenants of the contract and that if he defaults he will pay the district all damages sustained by reason of the default. The bond shall be approved by the commission.

Tex. Water Code § 63.173

Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. 8/30/1971.