Bill > HB2518

This bill amends the Texas Government Code to require that any lease between a governmental entity and a non-governmental entity for public property must include certain terms. These terms include a requirement that the lessee include payment and performance bonds in any contract for the construction, alteration, or repair of an improvement to the leased property, as well as a requirement that the lessee provide the governmental entity with a notice of commencement at least 90 days before any such construction, alteration, or repair begins. The bill also creates a criminal offense for materially misrepresenting information in the notice of commencement. Additionally, the bill amends the Government Code to provide that a governmental entity is not liable as a surety if the lessee fails to submit the required notice of commencement.