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California Public Contract Code

§ 20483

PCC § 20483Div. 2 · Part 3 · Ch. 1 · Art. 29
(a)All bids for construction work shall be presented under sealed cover and shall be accompanied by one of the following forms of bidder’s security which amounts to 10 percent of the bid:
(1)Cash.
(2)A cashier’s check made payable to the legislative body.

Legislative history

Amended by Stats. 1990, Ch. 808, Sec. 30.

Source: California Public Contract Code § 20483 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.