(A) If the cost of the public work project exceeds $200,000, then a bond or certified check in an amount not to exceed 10% of the contract price shall be required.
(B) If the cost of the public work projects is less than $200,000, then the county may require a bond or certified check in an amount not to exceed 10% of the contract price.
(C) Any certified checks will be returned to the unsuccessful bidders upon selection of the successful bidder. Certified checks of successful bidders will be held until delivery of the performance bond.
(BC Ord. 2018-002, passed 3-5-2018)