California Public Contract Code 10821 – Every contract shall provide for the filing of separate performance …
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Every contract shall provide for the filing of separate performance and payment bonds by the contractor executed by an admitted surety insurer, subject to the approval of the trustees.
(Added by Stats. 1984, Ch. 1128, Sec. 4.)
Terms Used In California Public Contract Code 10821
- Contract: A legal written agreement that becomes binding when signed.
- Trustees: means the Trustees of the California State University and their designees. See California Public Contract Code 10701