On any contracts provided for in § 31-12-15, partial payments may be made during the progress of the work upon estimates prepared by the county highway superintendent, but in no case shall partial payments exceed ninety percent of the value of the labor and materials incorporated in the work, or materials furnished, as the case may be.
S.D. Codified Laws § 31-12-16
Progress payments permitted
Source: SL 1919, ch 333, § 27; SDC 1939, § 28.0117; SL 1966, ch 81.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.