Relating to the requirement for performance and payment bonds from certain contractors of the Parks and Wildlife Department.

HB 3887 requires contractors working on public building projects for Texas Parks and Wildlife Department to provide performance and payment bonds before starting work if the contract value exceeds $150,000. This applies specifically to contracts for constructing, altering, or repairing public buildings or completing public works. The bonds guarantee the contractor will complete the project as agreed and pay workers and suppliers. The law takes effect September 1, 2025, and only applies to new contracts where the department first solicits bids on or after that date.