California · Public Contract Code - PCC

PCC §20172: If the successful bidder fails to execute the contract, the amount of the bidder’s security shall be forfeited to the city except as hereinafter provided.

What this law says, in plain English

If a winning bidder fails to execute a contract, the city may forfeit the bidder's security deposit, subject to exceptions stated elsewhere in law.

Read the full statutory text

If the successful bidder fails to execute the contract, the amount of the bidder’s security shall be forfeited to the city except as hereinafter provided.

Verify at the official source: California legislative text

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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.