Article 2. Schools—state School Building Aid Law Of 1949 of California Public Contract Code >> Division 2. >> Part 3. >> Chapter 1. >> Article 2.
This article shall apply to contracts subject to the State
School Building Aid Law of 1949 provided for in Chapter 4 (commencing
with Section 15700) of Part 10 of the Education Code.
A school district shall not expend money apportioned under
the State School Building Aid Law unless the contracts under which
the funds are expended have been let after competitive bids pursuant
to the Education Code.
All bids for construction work shall be presented under
sealed cover and shall be accompanied by one of the following forms
of bidder's security:
(b) A cashier's check made payable to the school district.
(c) A certified check made payable to the school district.
(d) A bidder's bond executed by an admitted surety insurer, made
payable to the school district.
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 school district
beyond 60 days from the time the award is made.