California · Public Contract Code - PCC
PCC §20471.5: All bids for construction work shall be presented under sealed cover and shall be accompanied by one of the following forms of bidders security: (a) Cash.
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All bids for construction work shall be presented under sealed cover and shall be accompanied by one of the following forms of bidders security: (a) Cash. (b) A cashier’s check made payable to the commission. (c) A certified check made payable to the commission. (d) A bidder’s bond executed by an admitted surety insurer, made payable to the commission. Upon an award to the lowest bidder, the security of an unsuccessful bidder shall be returned in a reasonable period of time, but in no event shall that security be held by the commission beyond 60 days from the time the award is made.
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