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EXHIBIT G BONDS. 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
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Subcontractor performance bonds are a type of surety bond that guarantees a subcontractor's performance on a construction project.
Subcontractors are typically required to file subcontractor performance bonds.
To fill out subcontractor performance bonds, subcontractors must contact a surety bond company and provide the necessary information and documentation.
The purpose of subcontractor performance bonds is to protect the project owner from financial loss in case the subcontractor fails to fulfill their contractual obligations.
Subcontractor performance bonds typically require information such as the subcontractor's name, project details, and the bond amount.
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