Insurance by Need
Bidding on a Public Works Project
Public agencies do not take your word for it. Before a California city, county, school district or state department lets you start, they want a surety company standing behind you — a bid bond with your proposal, then performance and payment bonds before the notice to proceed. Once the contract passes $25,000, the payment bond stops being a matter of preference: Civil Code section 9550 requires it.
Bidding on a Public Works Project Intake
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