{"data":{"id":"us-tx/tex.-government-code-466.102","jurisdiction":"us-tx","citation":"Tex. Government Code § 466.102","heading":"LIQUIDATED DAMAGES; PERFORMANCE BOND.","body":"A contract for the acquisition or provision of facilities, supplies, equipment, materials, or services related to the operation of the lottery must provide for liquidated damages and a performance bond in an amount equal to the executive director's best available estimate of the revenue that would be lost if the contractor fails to meet deadlines specified in the contract.\nAdded by Acts 1993, 73rd Leg., ch. 107, Sec. 4.03(b), eff. Aug. 30, 1993. Amended by Acts 1995, 74th Leg., ch. 76, Sec. 6.12, eff. Sept. 1, 1995.","path":["GOVERNMENT CODE","TITLE 4. EXECUTIVE BRANCH","SUBTITLE E. OTHER EXECUTIVE AGENCIES AND PROGRAMS","CHAPTER 466. STATE LOTTERY","SUBCHAPTER C. PROCUREMENT; ADVERTISING"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.466.htm#466.102","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"b6aa94ba9c92bd5009ec86195bb057c030903d240f881bcc7c83a5263d923720","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-466.101","next":"us-tx/tex.-government-code-466.103"},"notice":"GroundRules: Original legal text. Not legal advice."}
