Payment_Bond_RFP_2026_–_Asphalt_Milling_and_Overlay_Services_with_Project-Specific_and_IDIQ_Pricing.pdf
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- Solicitation number
- RFP-2026-7-2
- Issued by
- Ellis County, Texas
About this file
This is a Payment Bond template for the City of Waxahachie, Texas, related to Asphalt Milling and Overlay Services under an annual contract with project-specific and IDIQ pricing. The City of Waxahachie is soliciting sealed proposals from qualified contractors to provide asphalt milling and overlay services, with the contract anticipated to be awarded to one or two contractors representing the best value. The contract is designed for immediate work and continuation into Fiscal Year 2027, which begins October 1, 2026. The bond is executed in five originals and serves as security for the contractor's obligation to pay all claimants supplying labor and materials during the prosecution of work under the contract.
The payment bond requires the principal contractor and an authorized surety company to guarantee payment to all claimants and subcontractors involved in the project. The bond is executed pursuant to V.T.C.A., Government Code Chapter 2253, and the surety waives notice of any changes, extensions of time, alterations, or additions to the contract terms, work performed, or accompanying plans and specifications. The document requires designation of the surety's resident agent with contact information and certification of the attorney-in-fact's authority from the surety company. No specific pricing, set-asides, funding amounts, or contract term duration details are outlined in this bond template, as it serves as a standardized form for documenting the surety relationship rather than establishing contract terms.
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Text version
7/9/26 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
(Asphalt Milling and Overlay Services with Project-Specific and IDIQ Pricing) 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.
IN WITNESS WHEREOF, the said Principal and Surety have signed and sealed this instrument this _____ day of ______________________, 2_____.
7/9/26 Payment Bond
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 .