Statute · California Public Contract Code
Cal. Pub. Cont. Code § 21568.9 — Metropolitan Water District of Southern California-Alternative Project Delivery Program
Cal. Pub. Cont. Code § 21568.9
- Type
- Statute
- Source
- California Public Contract Code
- Jurisdiction
- California
- Date
- 2023-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If the district elects to award a project pursuant to this article, retention proceeds withheld by the district from the design-build entity or Construction Manager/General Contractor shall not exceed 5 percent if a performance and payment bond, issued by an admitted surety insurer, is required…
Citator
Cal. Pub. Cont. Code § 21568.9 — Metropolitan Water District of Southern California-Alternative Project Delivery Program is in force in the current edition of the Code, and nothing recorded condemns it.
If the district elects to award a project pursuant to this article, retention proceeds withheld by the district from the design-build entity or Construction Manager/General Contractor shall not exceed 5 percent if a performance and payment bond, issued by an admitted surety insurer, is required in the solicitation of bids.