SECTIONS 20240-20242 - California Statutes

PUBLIC CONTRACT CODE

SECTION 20240-20242

20240. The provisions of this article shall apply to contracts by
the Orange County Transit District, as provided for in Part 4
(commencing with Section 40000) of Division 10 of the Public
Utilities Code.

20241. The purchase of all services, supplies, equipment, and
materials, and construction of facilities and works, shall be done in
the same manner, procedure and subject to the same limitations
applicable to the County of Orange by the state law, now or as may
hereafter be amended.

20242. All bids for construction work shall be presented under
sealed cover and shall be accompanied by one of the following forms
of bidder's security:
(a) Cash.
(b) A cashier's check made payable to the district.
(c) A certified check made payable to the district.
(d) A bidder's bond executed by an admitted surety insurer, made
payable to the district.
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 district beyond
60 days from the time the award is made.