§ 20553
51 words·~1 min read·
/ca/public-contract-code/20553A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.