California · Military and Veterans Code - MVC
MVC §999.7: (a) The awarding department shall withhold, on a contract entered into on or after January 1, 2021, ten thousand dollars ($10,000) from the final payment, or the full final payment if less than ten th
What this law says, in plain English
A department must withhold $10,000 from the final payment on contracts made after January 1, 2021, or withhold the entire final payment if it is less than $10,000.
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