If school facilities are to be built or remodeled or improvements are to be made to school sites, the school board advertising pursuant to § 13-20-3 shall require a reasonable deposit guaranteeing the execution of the contract and the furnishing of a performance bond by the successful bidder in accordance with chapters 5-18A and 5-18B. The board may reject any and all bids.
S.D. Codified Laws § 13-20-7.1
Deposit and performance bond by school improvement bidders--Rejection of bids
Source: SL 1979, ch 36, § 5; SL 2011, ch 2, § 128.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.