Statute · California Public Contract Code

Cal. Pub. Cont. Code § 20688.4 — Redevelopment Agencies

Cal. Pub. Cont. Code § 20688.4

Type
Statute
Source
California Public Contract Code
Jurisdiction
California
Date
2011-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

An agency shall require each successful bidder to file with it good and sufficient bonds, to be approved by it. The bonds shall be conditioned upon the faithful performance of the contract and upon the payment of all claims for labor and material in connection with the contract. The bonds shall…

Citator

Cal. Pub. Cont. Code § 20688.4 — Redevelopment Agencies is in force in the current edition of the Code, and nothing recorded condemns it.

An agency shall require each successful bidder to file with it good and sufficient bonds, to be approved by it. The bonds shall be conditioned upon the faithful performance of the contract and upon the payment of all claims for labor and material in connection with the contract. The bonds shall contain the terms and conditions set forth in Chapter 5 (commencing with Section 9550) of Title 3 of Part 6 of Division 4 of the Civil Code and are subject to the provisions of that chapter.