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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 78(R)

SENATE BILL 1580  

SENATE AUTHOR: Wentworth

EFFECTIVE: 05-12-03         

HOUSE SPONSOR: Krusee

Senate Bill 1580 amends the Transportation Code to provide the Texas Department of Transportation with an alternative to the requirements of Government Code provisions governing public work performance and payment bonds. It allows the department to require that a performance bond from a private contractor hired for a routine highway maintenance activity be equal to the annual amount to be paid to the contractor and remain in effect for one year from the day work is resumed after any default by the contractor, or to require that it be equal to the amount paid to the contractor during the term of the bond and remain in effect for two years, renewable annually in two-year increments.