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California Public Contract Code

§ 20171

PCC § 20171Div. 2 · Part 3 · Ch. 1 · Art. 4
The security shall be in an amount equal to at least 10 percent of the amount bid. A bid shall not be considered unless one of the forms of bidder’s security is enclosed with it.

Legislative history

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

Source: California Public Contract Code § 20171 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.