- (a) The executive director may require the concessioner to furnish a bond conditioned upon the faithful performance of his contract. When the contract award involves construction of public accommodations, the concessionaire will be required to obtain a payment bond.
- (b) The concessioner shall carry such insurance against losses by fire, public liability, employee liability, and other hazards as is customary among prudent operators of similar businesses under comparable circumstances, and in amounts satisfactory to the department. The minimum limit for public liability shall be $300,000. The executive director has the authority to increase this limitation when conditions warrant such action.
Source Note:The provisions of this §59.108 adopted to be effective January 2, 1997, 21 TexReg 12421; amended to be effective April 23, 2001, 26 TexReg 3024.