Jurris.COM
Section 20522 Of Article 32. City Councils—municipal Lighting Maintenance District Act Of 1927 From California Public Contract Code >> Division 2. >> Part 3. >> Chapter 1. >> Article 32.
20522
. (a) 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:
(1) Cash.
(2) A cashier's check made payable to the district.
(3) A certified check made payable to the district.
(4) A bidder's bond executed by an admitted surety insurer, made payable to the district.
(b) 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 district beyond 60 days from the time the award is made.
(1) Cash.
(2) A cashier's check made payable to the district.
(3) A certified check made payable to the district.
(4) A bidder's bond executed by an admitted surety insurer, made payable to the district.
(b) 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 district beyond 60 days from the time the award is made.
