OPINION
JACOBSON, Chief Judge.
The basic dispute presented by this appeal is whether A.R.S. § 34-221(A)(3), which allows a contractor on a public work project to offer substitute security in lieu of retention of a portion of the contract price to assure completion of the contract, applies where the "owner" of the property is a private non-profit corporation, rather than the governmental entity.
This action was commenced by Central Arizona Water...
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