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The process of applying for a Texas Contract - Payment / Performance Surety Bond is a quick and straightforward process, typically taking only about five minutes from start to finish.
- The Texas Contract outlines the terms and conditions related to payment and performance obligations between the contracting parties, including the Obligee. It specifies the payment schedule, including due dates and acceptable methods of payment, and details the performance standards required to fulfill the contract. The document also addresses potential issues such as delays, non-performance, and remedies available to both parties, including the Obligee, in case of breaches. Additionally, it includes clauses on dispute resolution, indemnification, and termination conditions to ensure that both parties, as well as the Obligee, are protected and understand their responsibilities throughout the contract's duration.
To purchase your Texas Contract - Payment / Performance simply click on the "Buy Now" button. You will then be guided through a brief set of questions. After which you'll pay online and sign using DocuSign. Your new surety bond will be signed and sealed as a full-color PDF document for printing.
Securing a Texas Contract - Payment / Performance surety bond is a commitment by principals to adhere to the stipulations of contractual and legal obligations.
Note: If the bond requires underwriting, it may take up to 24 hours.
