About
The Texas Foundation Warranty Trust has been in operation since January 1, 1993. The function of the Trust is to assume responsibility for a covered contractor’s warranty obligations if a contractor is unable to meet its warranty obligations. Claims against the Trust can not be made unless a covered contractor has gone out of business.
Currently, 6 contractors participate in the Trust’s programs. As of June 1, 2023, the Trust had net assets of approximately $1,350,000. The Trust provides financial backing to contractors that have demonstrated a superior commitment to quality and a dedication to financial stability.