South Dakota § 1-33B-12 Continuance of contract--Payments.

South Dakota Statutes

§ 1-33B-12 — Continuance of contract--Payments.

South Dakota § 1-33B-12

Title 1STATE AFFAIRS AND GOVERNMENT

Ch. 1-33AENERGY PERFORMANCE CONTRACTS

This text of South Dakota § 1-33B-12 (Continuance of contract--Payments.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 1-33B-12 (2026).

Text

If the governmental unit reasonably believes that legally available funds of an amount sufficient to make all contractual payments during the original term and each of the renewal terms can be obtained either through projected operational or energy savings, or both, or a performance bond guaranteeing such savings, the governmental entity shall continue the contract through the original term and all of the renewal terms and pay the contracted payments.

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If the governmental unit reasonably believes that legally available funds of an amount sufficient to make all contractual payments during the original term and each of the renewal terms can be obtained either through projected operational or energy savings, or both, or a performance bond guaranteeing such savings, the governmental entity shall continue the contract through the original term and all of the renewal terms and pay the contracted payments.