The Texas Adult and Child Food Care Program Bond is required by the Texas Department of Agriculture.
Non-government organizations applying for status as sponsoring organizations for the Child and Adult Care Food Program in Texas must post the Texas Adult and Child Food Care Program Bond. The amount of this bond is determined on a case by case basis based on the organization’s anticipated enrollment and the sum of the meals and their type as claimed by the organization applying.
The Texas Adult and Child Food Care Program Bond states that the bond principal (the person or entity that buys the bond) will:
- faithfully satisfy all net audit exceptions which may have been taken by the Texas Department of Agriculture for any audit period covered by the period duration of the bond,
- during said audit, if records were unavailable, the bond holder must faithfully satisfy all exceptions determined to be owed as a result of bond holder’s failure to keep records substantiating its performance
- during any research by the Texas Department of Agriculture of investigations, administrative reviews, or management evaluations into the contractual performance of the bond holder, the bond holder shall satisfy all monetary exceptions for the contract period covered by the period of duration of the bond
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