Cal. Pub. Contract Code § 20457

Current through the 2023 Legislative Session.
Section 20457 - Bond filed by contractor at time of signing and executing contract

Every contractor, to whom is awarded any contract for street work under this division, shall at the time of signing and executing the contract, file with the superintendent of streets a good and sufficient bond, approved by the street superintendent in a sum not less than one-half of the total amount payable by the terms of the contract.

Ca. Pub. Cont. Code § 20457

Added by Stats. 1982, Ch. 465, Sec. 11.