Public Contract Code section 10181

If the successful bidder fails to execute the contract, his bidder’s security shall be forfeited to the state. The cash or proceeds shall be deposited in the fund out of which the expenses of preparation and printing of the plans and specifications, estimates of cost, and publication of notice are paid.

Source: Section 10181, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PCC§ionNum=10181. (accessed Apr. 24, 2025).

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Last Updated

Apr. 24, 2025

§ 10181’s source at ca.gov

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Location: https://california.public.law/codes/public_contract_code_section_10181

Original Source: Section 10181, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PCC§ionNum=10181. (last accessed Apr. 24, 2025).