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Section 20107 Of Article 2. Schools—state School Building Aid Law Of 1949 From California Public Contract Code >> Division 2. >> Part 3. >> Chapter 1. >> Article 2.
20107
. 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:
(a) Cash.
(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.
(a) Cash.
(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.
