California Statutes
§ 10781. — 10781. (Added by Stats. 1984, Ch. 1128, Sec. 4.)
California·Code PCC Public Contract Code - PCC·Div. 2. DIVISION 2. GENERAL PROVISIONS·Part 2. PART 2. CONTRACTING BY STATE AGENCIES·Ch. 2.5. CHAPTER 2.5. California State University Contract Law·Art. 5. ARTICLE 5. Award of Contracts
If the successful bidder fails to execute the contract, the bidder’s security shall be forfeited to the state. The cash or proceeds shall be deposited in the fund out of which the expenses of preparation and printing of the plans and specifications, estimates of cost, and publication of notice are paid.
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California § 10781. (10781. (Added by Stats. 1984, Ch. 1128, Sec. 4.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1984, Ch. 1128, Sec. 4.