The Texas Blanket Building & Construction Bond is required by Horizon City, Texas.
Horizon City requires that their Texas Blanket Building & Construction Bond be in the amount of $10,000 for the year. Even though the bond amount is high, the actual cost of getting this bond with Surety1 starts at just $100.
Horizon City will not give out permits or allow city work to be done without having this bond on file with the city because this bond helps ensure that the city is protected from fraudulent and bad construction workers. This bond helps guarantee that work will get done in a timely and efficient manner for the city.
The bond states that the bond holder and its agents, employees, and subcontractors shall comply with all provisions, rules and regulations of the Town of Horizon City Municipal Code. They shall pay any damages which are sustained by the City or by the person for whom the work is done which are caused by failure of the principal, its agents, employees, or subcontractors to comply with the Horizon City Building, Mechanical, Electrical, Plumbing and Gas Codes.