Every contract shall provide for the filing of separate performance and payment bonds by the contractor in the form of bonds executed by an admitted surety insurer and not deposits in lieu of bond, subject to the approval of the department.
Cal. Pub. Cont. Code § 10221
Contract Requirements
Known as the State Contract Act
The act spans §§ 10100–10285 (181 sections).
Amended by Stats. 1982, Ch. 517, Sec. 348.4.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.