California Statutes
§ 20688.4. — 20688.4. (Amended by Stats. 2010, Ch. 697, Sec. 52.)
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. 43.1. ARTICLE 43.1. Redevelopment Agencies
An agency shall require each successful bidder to file with it good and sufficient bonds, to be approved by it. The bonds shall be conditioned upon the faithful performance of the contract and upon the payment of all claims for labor and material in connection with the contract. The bonds shall contain the terms and conditions set forth in Chapter 5 (commencing with Section 9550) of Title 3 of Part 6 of Division 4 of the Civil Code and are subject to the provisions of that chapter.
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California § 20688.4. (20688.4. (Amended by Stats. 2010, Ch. 697, Sec. 52.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2010, Ch. 697, Sec. 52. (SB 189) Effective January 1, 2011. Operative July 1, 2012, by Sec. 105 of Ch. 697.