Common use of Payment and Performance Bonds Required Clause in Contracts

Payment and Performance Bonds Required. Contractor is required to provide Owner with Payment and Performance Bonds as specified in Texas Government Code § 2253.001 et seq., as supplemented by this Article XIX, and in such forms as are prescribed in Exhibit 2. Such bonds shall be:

Payment and Performance Bonds Required. Contractor is required to provide Owner with Payment and Performance Bonds as specified in Texas Government Code § 2253.001 et seq., as supplemented by this Article XIX, and in such forms as are prescribed in Exhibit 2. Such bonds shall be:Exhibit