Texas HB3887 mandates performance and payment bonds for contractors exceeding $150,000 on public works projects.

HB3887 amends the Parks and Wildlife Code to require contractors working on public buildings or public works projects exceeding $150,000 to provide performance and payment bonds. This applies to contracts solicited by the Parks and Wildlife Department after the bill's effective date of September 1, 2025. Contracts solicited before the effective date remain governed by existing law.

Texas HB3887 mandates performance and payment bonds for contractors exceeding $150,000 on public works projects.

HB3887 amends the Parks and Wildlife Code to require contractors working on public buildings or public works projects exceeding $150,000 to provide performance and payment bonds. This applies to contracts solicited by the Parks and Wildlife Department after the bill's effective date of September 1, 2025. Contracts solicited before the effective date remain governed by existing law.