Public Contract Code section 20426

All contractors, contracting owners included, shall, at the time of executing any contract for the work, execute a bond to the satisfaction and approval of the superintendent of streets and payable to the city, in a sum not less than 25 percent of the amount of the contract, conditioned upon the faithful performance of the contract.

Source: Section 20426, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PCC§ionNum=20426. (updated Apr. 21, 1983; accessed Jun. 25, 2025).

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Verified:
Jun. 25, 2025

§ 20426's source at ca.gov

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Location: https://california.public.law/codes/public_contract_code_section_20426

Original Source: Section 20426, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PCC§ionNum=20426. (last accessed May 12, 2025).