Texas Administrative Code
Title 43 - TRANSPORTATION
Part 1 - TEXAS DEPARTMENT OF TRANSPORTATION
Chapter 9 - CONTRACT AND GRANT MANAGEMENT
Subchapter B - CONTRACTS FOR HIGHWAY PROJECTS
Section 9.18 - Contract Execution, Forfeiture of Bid Guaranty, and Bond Requirements
Current through Reg. 50, No. 13; March 28, 2025
(a) Contract execution.
(b) Bid guaranty. The department will retain the bid guaranty of the bidder awarded a contract until after the contract has been executed and bonded. If the bidder selected for the award of a contract with a DBE goal fails to submit the DBE information required by § 9.227 of this chapter (related to Information from Bidders) within the period described by § 9.17(i) of this subchapter or if the bidder awarded a contract does not comply with subsection (a) of this section, the bid guaranty will become the property of the state, not as a penalty but as liquidated damages. A bidder who forfeits a bid guaranty will not be considered in future bids for the same work unless there has been a substantial change in the design of the project subsequent to the forfeiture of the bid guaranty.
(c) Performance or payment bonds for maintenance contracts. For maintenance contracts the department may require that a performance or payment bond:
(d) Performance or payment bonds for materials contracts. A performance or payment bond is not required for a materials contract.