§ 99355 Bond Security Protection Payments

• •The county must pay workers and suppliers first to keep the project safe from money problems.
• •If the county doesn’t pay for labor or materials, those unpaid bills could cause big trouble for the project’s money.
• •This rule makes sure the project’s money is used the right way so the bonds (like a loan) stay safe.

A county hires a company to build a new road. The company buys cement and pays workers to do the job.

The county must pay the company for the cement and the workers’ paychecks on time. If they don’t, the company could say, 'You owe us money,' and that could mess up the road project’s budget. This law makes sure the county pays these bills first so the project doesn’t run out of money.