How would we look up to see if a commercial construction project is bonded?
2 replies
May 28, 2020
Texas, unlike many other states, does not require that a GC or subcontractor have a current performance or payment bond in place.
The project owner can request that his GC and subs be bonded, but it's not a legal requirement.
You may be able to search and see if a bond is in place by visiting this site - https://www.tdi.texas.gov/commercial/pcbond.html
0 people found this helpful
Helpful
Jun 18, 2020
The best way to get the bond information on a public project in Texas is to simply ask for it. Texas law requires the GC to provide a copy of the payment and/or performance bond, if one exists.
According to the performance and payment bond requirements under Texas Government Code Title 10, Subtitle F, Chapter 2253:
(a) A prime contractor, on the written request of a person who provides public work labor or material and when required by Subsection (c), shall provide to the person: (1) the name and last known address of the governmental entity with whom the prime contractor contracted for the public work; (2) a copy of the payment and performance bonds for the public work, including bonds furnished by or to the prime contractor; and (3) the name of the surety issuing the payment bond and the performance bond and the toll-free telephone number maintained by the Texas Department of Insurance under Subchapter B, Chapter 521, Insurance Code, for obtaining information concerning licensed insurance companies.