Cal. Pub. Contract Code § 20569

Current through the 2023 Legislative Session.
Section 20569 - Performance bond

Any person to whom a contract may be awarded pursuant to this article shall provide a bond approved by the board, payable to the district for at least 25 percent of the estimated contract price, conditioned upon the faithful performance of the contract.

Ca. Pub. Cont. Code § 20569

Amended by Stats. 1983, Ch. 18, Sec. 35. Effective April 21, 1983.