Section 20867 Of Article 57. Public Entities—improvement Act Of 1911 From California Public Contract Code >> Division 2. >> Part 3. >> Chapter 1. >> Article 57.
20867
. The legislative body shall award the contract for doing the
work to the lowest responsible bidder. 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 public entity.
(c) A certified check made payable to the public entity.
(d) A bidder's bond executed by an admitted surety insurer, made
payable to the public entity.
The bids shall be delivered, opened, and award of contract made,
all as provided by Chapter 9 (commencing with Section 5240) of Part 3
of Division 7 of the Streets and Highways Code, except that no
notice of award shall be published. Upon the award being made, the
superintendent of streets shall enter into a contract with the person
to whom the contract was awarded for doing the work described in the
notice inviting bids, and at the price stated in the bid. The
contractor shall execute a bond in the manner required by Section
5254 of the Streets and Highways Code.
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 public entity
beyond 60 days from the time the award is made.