11-Performance Bond Example.pdf

This is a statutory performance bond template document for public works projects in Texas, specifically designed for use with the Amarillo Independent School District's roofing and HVAC replacement project at De Zavala, Mesa Verde, and Humphrey's Highland schools. The performance bond ensures faithful completion of work in accordance with plans, specifications, and contract documents. The bond is executed pursuant to Chapter 2253 of the Texas Government Code and establishes joint and several liability between the principal contractor and surety. Proposals for this construction services project are due by 1:30 P.M. on February 20, 2026, with submissions accepted electronically through https://amaisd.bonfirehub.com/portal or via three hard copies delivered to the Amarillo ISD Purchasing Department at 7200 Interstate 40 West. A pre-proposal conference is scheduled for February 4, 2026, at 10:00 A.M. at the AISD Maintenance & Construction Office, 905 East Street, Amarillo, Texas 79107.

The penalty amount of the performance bond must equal 100% of the contract amount. Contractors submitting proposals must provide a proposal guarantee in the form of a cashier's check, certified check, or bid bond payable to Amarillo ISD in the amount of 5% of the largest possible total proposal amount. For electronically submitted proposals, the original proposal guarantee may be scanned and submitted with the proposal or kept by the contractor, though AISD reserves the right to request a hard copy. The bond is governed by the provisions, conditions, and limitations established in Chapter 2253 of the Texas Government Code.