California Public Contract Code

§ 20553

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

PCC § 20553Div. 2 · Part 3 · Ch. 1 · Art. 34

Statute text

View on leginfo.ca.gov

Before the making of any contract the bidder shall give a bond to the district for the faithful performance of his contract, which shall be signed by the bidder and sureties satisfactory to the commission in an amount equal to at least 50 percent of the amount of the contract price.

Legislative history

Added by Stats. 1982, Ch. 465, Sec. 11.