Public Contract Code section 20171

The security shall be in an amount equal to at least 10 percent of the amount bid. A bid shall not be considered unless one of the forms of bidder’s security is enclosed with it.

Source: Section 20171, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PCC§ionNum=20171. (accessed Apr. 24, 2025).

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Last Updated

Apr. 24, 2025

§ 20171’s source at ca.gov

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Location: https://california.public.law/codes/public_contract_code_section_20171

Original Source: Section 20171, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PCC§ionNum=20171. (last accessed Apr. 24, 2025).