Texas Highway Hauling Performance Bond

Texas Highway Hauling Performance Bond Phone no.#(630) 222-5770

Texas Highway Hauling Performance Bond

When Do You Need a Performance Bond for the State of Texas?

In Texas, operators transporting oversize or overweight loads on state-maintained roads must obtain a specific type of bond known as a performance bond or, more precisely, a superheavy or oversize permit bond. This bond guarantees that the hauler will cover the cost of any damage caused to public infrastructure or property while moving the permitted load.
Vehicles or loads that exceed a total gross weight of 254,300 pounds, surpass allowable axle weight limits under standard permits, or weigh over 200,000 pounds with axle spacing under 95 feet are required to obtain a Super Heavy Single-Trip Permit.

Why Do You Need a Performance Bond in Texas?

Performance bonds are required to ensure that contractors fulfill their obligations under a construction contract. They provide financial protection to the state, ensuring that the project will be completed according to the terms and conditions agreed upon. If a contractor fails to meet their obligations, the bond can be used to cover the costs of completing the project or compensating for any damages

How Much Does a Texas Performance Bond Cost?

The cost of a Texas Performance Bond May 10,000 to 15000 USD

How to Get a Texas Performance Bond?

Get a Texas Performance Bond with Compare Transport LLC
Securing a Texas Performance Bond is quick and hassle-free with Compare Transport LLC. Simply apply online, provide your business details, and get approved based on your financials. Our team ensures fast processing at competitive rates. Contact us today to get your bond and stay compliant!

Texas Performance bond requirements

According to administrative regulations, the department has established the following guidelines for surety bond requirements:

  • All vehicles owned or leased by the company can be considered eligible for oversize overweight permits during the active term of an Annual Bond, which runs from September 1 to August 31.
  • Surety bonds must be issued using the department’s official bond form or an exact copy. Copies are acceptable for up to ten days; after that, the original bond must be submitted to continue receiving permits.
  • The Principal’s name must be consistently listed throughout the entire document.
  • The Principal’s complete home address, including zip code, must be clearly indicated.
  • All required signatures must be present on both the original bond and any temporary copies.
  • The surety’s official seal must be attached to the document.

If the bond is terminated before its scheduled expiration, a 14-day advance notice is required to alert permit officials accordingly.

Texas Hauling Performance Bond

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