Sec. 441.115. CONTRACTOR BOND. 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. Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Contractor Bond
Tex. Transportation Code § 441.115, under Road Utility Districts.
Tex. Transportation Code § 441.115