Texas Maintenance Bond PDF Details

In the heart of Texas, amidst the bustling construction projects and urban development, lies the critical but often overlooked Texas Maintenance Bond form, a foundational document ensuring the integrity of public works. This bond, originating within the jurisdiction of Collin County, forges a legal commitment between the constructor, termed as the Principal, and a surety company, with the City of Plano as the beneficiary. This contract is not merely about numbers; it embodies a pledge of $__________, symbolizing a guarantee of quality and reliability in construction for the community of Plano. At its core, the bond serves as a safeguard, ensuring that any defects or inferior workmanship are rectified for a duration of one year following the project's completion, thus holding the Principal accountable for maintaining standards. Not only does this document outline the responsibilities and expectations clearly, but it also establishes a mechanism for the enforcement of these duties, placing the venue for any legal disputes squarely within Collin County. The execution of this bond, complete with the signatures of the involved parties, is a testament to the commitment to uphold the quality of public improvements in Texas. An essential reference for understanding this bond is the attached Exhibit "A," which details the specific public improvements covered, linking them directly to the broader development initiatives within the state. This bond is more than a formality; it is a crucial component of urban development, ensuring that the infrastructure and facilities upon which citizens rely are constructed to last and benefit the community effectively.

QuestionAnswer
Form NameTexas Maintenance Bond
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namescontractor's maintenance bond euless texas, maintenance bond, texas maintenance bond, maintenance bond texas

Form Preview Example

 

 

MAINTENANCE BOND

STATE OF TEXAS

§

 

 

§

KNOW ALL MEN BY THESE PRESENTS:

COUNTY OF COLLIN

§

 

That ______________________________ of the City of ________________,

County of _________________ and State of Texas, (called "Principal"), and

_______________________________, a corporation organized and existing

under the laws of the State of Texas to act as surety on bonds for principals, (called "Surety"), are held and firmly bound unto the CITY OF PLANO, TEXAS, a Home Rule Municipal Corporation (called "City"), in the amount of

___________________________________ DOLLARS ($__________________), in

lawful money of the United States, to be paid in Plano, Collin County, Texas for the payment of which, the Principal and Surety bind themselves, and their heirs, administrators, executors, successors and assigns, jointly and severally, firmly by these presents:

WHEREAS, the Principal has entered into a contract (called "Contract") with

__________________________________ (called "Developer") dated the ____ day of

________________, ______, which among other things calls for the construction of

certain public improvements (called "Work"), which inure to the benefit of the City, such public improvements being in connection with development of

___________________________________, an addition or subdivision incorporated

hereby reference and which public improvements are listed on Exhibit "A" attached hereto and incorporated herein by reference; and

WHEREAS, under the terms of the specifications of the Work, the Principal is required to give a bond in the amount specified hereinabove to guarantee the replacement and repair of defective or faulty workmanship furnished or installed by the Principal for a period of one (1) year, from and after the date the Work is completed by Principal and accepted by the City.

NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the Principal shall for a period of one (1) year, from and after the date the Work is completed by the Principal and accepted by the City, replace and repair any and all defective or faulty workmanship in the Work, then the above obligation shall be void; otherwise, the said obligation shall remain in full force and effect.

Venue for any action to enforce this Bond shall be Collin County, Texas

DD/Forms:Bond-Maintenance (PD-2002)

Page 1

IN WITNESS WHEREOF, the said Principal and Surety have signed and sealed this instrument this ____ day of ________________, ______.

 

Principal

 

Surety

By:

______________________

By:

______________________

Title:

______________________

Title:

______________________

Address:

_______________________

Address:

________________________

 

_______________________

 

________________________

 

_______________________

 

________________________

The name and address of the Resident Agent of Surety is:

Name:

______________________________________________________

Address:

______________________________________________________

City, State, Zip

______________________________________________________

 

____________

For additional information on the above named Surety company you may contact the Texas Department of Insurance at (800)578-4677.

NOTE: Date on Page 1 of Maintenance Bond must be same date as Contract. Date on Page 2 of Maintenance Bond must be after the date of Contract. If Resident Agent is not a corporation, give a person's name.

DD/Forms:Bond-Maintenance (PD-2002)

Page 2

How to Edit Texas Maintenance Bond Online for Free

The PDF editor makes completing documents easy. It is extremely convenient to enhance the [FORMNAME] document. Try out the following actions in order to achieve this:

Step 1: The first thing should be to click the orange "Get Form Now" button.

Step 2: The form editing page is presently open. It's possible to add information or change existing details.

Fill in the pflugerville maintenance bond form PDF by entering the information needed for every area.

filling out city of katy texas bond forms part 1

Type in the essential particulars in IN WITNESS WHEREOF the said, this instrument this day of, Principal, Surety, Title, Title, Address, Address, The name and address of the, and Name Address City State Zip area.

Finishing city of katy texas bond forms step 2

You can be requested for specific necessary details to be able to fill in the Name Address City State Zip, For additional information on the, and NOTE Date on Page of Maintenance box.

part 3 to completing city of katy texas bond forms

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Step 4: To stay away from possible forthcoming difficulties, you should definitely obtain a minimum of a couple of duplicates of every form.

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