12-Attachment J - Payment Bond.pdf
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- Solicitation number
- 26/0066
- Issued by
- Harris County, Texas
About this file
This is a Payment Bond form issued by the Texas Department of Insurance for use with Harris County contracts, specifically related to the Emergency Debris Removal and Management Services RFP for Harris County. The bond document is executed pursuant to Texas Government Code 2253.001 et seq. and serves as a guarantee that the principal contractor will pay all claimants, laborers, and material suppliers involved in the performance of the contracted work. The bond binds the principal (contractor) and surety (bonding company) jointly and severally to the County of Harris for the full contract amount. The form requires completion of standard identification information for the principal contractor, including name, address, and phone number; surety company details including state of incorporation, principal office location, and registered agent information authorized to accept service within Texas; and the specific bond amount corresponding to the contract value.
The bond is contingent upon the principal's fulfillment of all payment obligations to laborers, material suppliers, and subcontractors engaged in the work. All liabilities and conditions of the bond are determined in accordance with Texas Government Code provisions. The document requires signatures from both the principal and the corporate surety's attorney-in-fact, along with Harris County acceptance and approval. The bond must include the surety's license number and contact information, establishing a mechanism to protect workers and suppliers from non-payment in the event of contractor default on this grant-funded emergency debris removal project.
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Text version
Attachment J
PAYMENT BOND
Texas Department of Insurance 1-800-578-4677 BOND NUMBER _______________________ Pursuant to Texas Government Code 2253.001, et. seq, as amended
STATE OF TEXAS
COUNTY OF HARRIS
KNOW ALL MEN BY THESE PRESENTS:
That________________________, address:______________________________, phone: (___)_______________, Hereinafter called the Principle; and ______________________________, mailing address:
___________________________________________________, physical address:
____________________________________________________, phone: ______________________, a corporation;
existing under and by virtue of the laws of the State of ______________________ and authorized to do an indemnifying business in the State of Texas, and whose principal office is located in the City of __________________________, State of __________________________, whose registered agent residing in the State of Texas, authorized to accept service in all suits and actions brought within said State, is (individual’s name): ______________________________________, mailing address: ______________________________________________________, physical address:
___________________________________________________________________________, phone:
_______________________, hereinafter called Surety, are held and firmly bound unto the County of Harris, State of Texas, in the full sum of _____________________________________Dollars______________ for the payment whereof, the said Principal and Surety bind themselves, and their heirs, administrators, executors, successors and assigns, jointly and severally, firmly by these presents.
WHEREAS, the Principal has entered into a certain written contract with the Obligee, dated the day of , 20___, for Job __________, which contract is hereby referred to and made a part hereof as fully and to the same extent as if copied at length herein.
NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the said Principal shall pay all claimants supplying labor and material to him or a subcontractor in the prosecution of the work provided for in said contract, then, this obligation shall be void; otherwise to remain in full force and effect.
PROVIDED, HOWEVER, that this bond is executed pursuant to the provisions of, Texas Government Code 2253.001, et.
seq, as amended, and all liabilities of this bond shall be determined in accordance with the provisions of said article to the same extent as if it were copied at length herein.
IN WITNESS WHEREOF, the said Principal and Surety have signed and sealed this instrument this ___________ day of ________________________, 20 _________.
Accepted and Approved on behalf of Harris County _________________________________on ________________________________, 20 __________
(Principal)
By:
(Corporate Surety)
Countersignature:
By:
(Attorney-in-fact)
Agency Name:
Address:
License No.:
Phone No.:
File details come from the government source that posted it. Updated .