Public Contract Code section 20471.5

All bids for construction work shall be presented under sealed cover and shall be accompanied by one of the following forms of bidders security:

(a)

Cash.

(b)

A cashier’s check made payable to the commission.

(c)

A certified check made payable to the commission.

(d)

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

Source: Section 20471.5, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=PCC§ionNum=20471.­5.­ (updated Jan. 1, 1990; accessed Jun. 25, 2025).

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Verified:
Jun. 30, 2025

§ 20471.5's source at ca​.gov