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Cal. Public Contract Code § 21568.9

Cal. Public Contract Code § 21568.9

California · California Public Contract Code · Status: effective · Effective 2023-01-01

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Cal. Public Contract Code § 21568.9, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/897779
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If the district elects to award a project pursuant to this article, retention proceeds withheld by the district from the design-build entity or Construction Manager/General Contractor shall not exceed 5 percent if a performance and payment bond, issued by an admitted surety insurer, is required in the solicitation of bids.