TDI Commissioner's Bulletin B-0007-00

Assignment of Texas Department of Insurance (TDI) Reference Numbers - Surety Bond Forms

Year: 2000Length: 567 wordsOfficial source
Home Bulletins 2000 B-0007-00 February 7, 2000 To:   ALL COMPANIES WRITING SURETY BONDS Re:   Assignment of Texas Department of Insurance (TDI) Reference Numbers - Surety Bond Forms The Texas Department of Insurance has assigned the following TDI Reference Numbers to surety bond forms submitted by the following state agencies: Reference Number TDI-99-BB-155-TEA-PF, Texas Education Agency (Revisions). This bond contains a substantive change requiring that the seal of the surety must be affixed to each of the Texas Education Agency (TEA) bonds. The revised forms are: $25,000 Course Provider Bond, $25,000 Course Provider Continuation Agreement, $10,000 Driver Education School Bond, $10,000 Driver Education School Continuation Agreement, $5,000 Driver Education Branch School Bond and $5,000 Driver Education Branch School Continuation Agreement. You may obtain copies of the bonds from the following: Eileen Johnson, Program Specialist II Texas Education Agency, Driver Training Division 1701 North Congress Avenue Austin, TX 78701-1494 Telephone 512-997-6500 Reference Number TDI-99-BB-150-TXDOT-PF, Texas Department of Transportation Bid Bond (New). The Construction Division of the Texas Department of Transportation (TXDOT) has revised its rules to allow contractors to post a bid bond as a proposed guaranty on projects which are estimated to involve less than $300,000. The penalty of the bond is not less than five percent (5%) of the greatest total amount of the bidder´s proposal. This will permit construction and/or maintenance contractors to submit bid bonds in lieu of guarantee checks in bid lettings. You may obtain copies of the bond from the following: Richard Halweg, Construction Division Texas Department of Transportation 125 East 11 th Street Austin, TX 78701-2483 Telephone 512-416-2425 Reference Number TDI-00-BB-150-TXDOT-PF, Texas Department of Transportation Warranty Bond (New) and Performance Bond and Payment Bond (Revisions). The Warranty Bond is a new form that is intended to guarantee against defects in material or workmanship, for recently completed work or materials supplied, which may become apparent in the warranty period specified in a contract. There were no substantive changes to either the Performance Bond or Payment Bond forms. Please refer to the previously named contact source for the TXDOT Bid Bond, to obtain copies of the above bonds. TDI-00-BB-150-HHSC-PF, Texas Health and Human Services Commission CHIP Program Performance Bond (New). This bond will be required when the Health and Human Services Commission contracts with an HMO to provide service for the Children´s Health Insurance Program (CHIP). The total aggregate liability of the bond is $100,000. You may obtain copies of the bond from the following state agency: The Texas Health and Human Services Commission Associate Commissioner For Children´s Health 4900 North Lamar, Fourth Floor Austin, Texas 78751 www.hhsc.state.tx.us Insurers that wish to write the bonds described in this bulletin are required to make a filing with the Texas Department of Insurance as outlined in the reference filing procedures contained in Property and Casualty Filings Made Easy currently accessible on our website at www.tdi.state.tx.us. Assignment of reference numbers does not preclude the independent filing of surety bond forms by insurance companies for approval by the Commissioner. The filing company must confirm that the form(s) meet the statutory requirements of the appropriate state agency, and that the state agency finds the forms acceptable. Questions regarding this bulletin may be addressed to: Texas Department of Insurance Irwin Thomas Commercial Property/Casualty Division MC 104-PC P O Box 149104 Austin, TX 78714-9104 512-322-3475 Irwin.Thomas@tdi.state.tx.us Sincerely, Marilyn Hamilton, Deputy Commissioner Commercial Property/Casualty Division MC 104-PC For more information, contact: ChiefClerk@tdi.texas.gov
TDI Commissioner's Bulletin B-0007-00: Assignment of Texas Department of Insurance (TDI) Reference Numbers - Surety Bond Forms | Justis AI