Payment_Bond_ITB_2026_–_Procurement_and_Turnkey_Installation_of_a_250_kW_Diesel_Emergency_Generator_System.pdf
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- Solicitation number
- ITB-2026-9-1
- Issued by
- Ellis County, Texas
About this file
This is a Payment Bond form for the City of Waxahachie, Texas, relating to the procurement and turnkey installation of a 250 kW diesel emergency generator system at the Senior Center located at 122 Park Hills Drive. The bond is executed in five originals and binds the contractor (principal) and surety company jointly and severally to the City of Waxahachie as the obligee. The bond ensures that all claimants supplying labor and materials to the contractor or any subcontractors will be paid in full for work performed under the contract. The bond is governed by the provisions of the Texas Government Code Chapter 2253 and requires the surety to waive notice of any changes, extensions of time, alterations, or additions to the contract terms, work scope, or specifications.
The form is a template with blank spaces for completion, including fields for the bond number, principal identification, surety company information, penal sum amount, contract execution date, and contract year. The bond must be accompanied by certified attorney-in-fact authority from the surety company and includes identification of the surety's resident agent with name, address, and telephone number. This payment bond serves as a guarantee mechanism to protect all parties supplying materials and labor on the generator installation project, ensuring financial accountability throughout the project delivery and completion.
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Text version
9/10/26 Payment Bond
PAYMENT BOND
STATE OF TEXAS § BOND NO. ___________
COUNTY OF _____Ellis_____ § BOND EXECUTED IN FIVE (5) ORIGINALS
KNOW ALL MEN BY THESE PRESENT: That _ _ of the City of
_______________, County of _________________, State of ________ _______, as principal, and
________________________________, authorized under the laws of the State of Texas to act as surety on bonds for principals, are held and firmly bound unto the City of Waxahachie, Texas
(Owner), in penal sum of ( ) for the payment whereof, the said Principal and Surety themselves and their heirs, administrators, executors, successors, and assigns, jointly and severally, by these presents:
WHEREAS, the Principal has entered into a certain written contract with the Owner, dated the ____ day of ____________, 2_____, to construct the
(Procurement and Turnkey Installation of a 250 kW Diesel Emergency Generator System at the Senior Center at 122 Park Hills
Drive) 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 CONDITIONS OF THIS OBLIGATION ARE 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 provision of V.T.C.A., Government Code Chapter 2253 as amended and all liabilities on this bond shall be determined in accordance with the provisions of said Chapter to the same extent as if it were copied at length herein.
Surety, for value received, stipulates and agrees that no change, extension of time, alteration or addition to the terms of the contract, or to the work performed thereunder, or the plans, specifications, or drawings accompanying the same, shall in anyway affect its obligation on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition tot the terms of the contract, or to the work to be performed thereunder.
9/10/26 Payment Bond
IN WITNESS WHEREOF, the said Principal and Surety have signed and sealed this instrument this _____ day of ______________________, 2_____.
Principal Surety
By _______________________________ By _______________________________
Title ______________________________ Title ______________________________
Address ___________________________ Address ____________________________
The Resident Agent of Surety is:
__________________________________ Name
__________________________________ Address
__________________________________ Telephone Number
(Accompany this bond with attorney-in-fact’s authority from the Surety company certified to include the date of the bond.)
File details come from the government source that posted it. Updated .