Public Contract Code section 20242

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 district.

(c)

A certified check made payable to the district.

(d)

A bidder’s bond executed by an admitted surety insurer, made payable to the 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 district beyond 60 days from the time the award is made.

Source: Section 20242, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=PCC§ionNum=20242.­ (accessed Apr. 24, 2025).

Last Updated

Apr. 24, 2025

§ 20242’s source at ca​.gov