§ 20473. — 20473. (Added by Stats. 1982, Ch. 465, Sec. 11.)

California § 20473.

• Jurisdiction: California
• Code PCC: Public Contract Code - PCC
• Div. 2.: DIVISION 2. GENERAL PROVISIONS
• Part 3.: PART 3. CONTRACTING BY LOCAL AGENCIES
• Ch. 1.: CHAPTER 1. Local Agency Public Construction Act
• Art. 28.: ARTICLE 28. Separation of Grade Districts

Text

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 and shall give another bond conditioned upon the payment of claims for labor and material in connection with the performance of his contract containing the terms and conditions set forth in Chapter 3 of Division 5 of Title 1 of the Government Code and subject to the provisions of that chapter.

Legislative History

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