South Dakota § 13-20-7 Deposit and performance bond by supply and equipment bidders--Rejection of bids.

South Dakota Statutes

§ 13-20-7 — Deposit and performance bond by supply and equipment bidders--Rejection of bids.

South Dakota § 13-20-7

Title 13EDUCATION

Ch. 13-20SCHOOL DISTRICT PURCHASES AND CONTRACTS

This text of South Dakota § 13-20-7 (Deposit and performance bond by supply and equipment bidders--Rejection of bids.) 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 § 13-20-7 (2026).

Text

If supplies or equipment are to be purchased, a school board advertising pursuant to § 13-20-3 may require a reasonable deposit guaranteeing the execution of contract and the furnishing of a performance bond by the successful bidder in accordance with chapters 5-18A and 5-21 . The board may accept an annual bond if the bid meets the requirements of chapters 5-18A and 5-21 . The board may reject any and all bids.

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If supplies or equipment are to be purchased, a school board advertising pursuant to § 13-20-3 may require a reasonable deposit guaranteeing the execution of contract and the furnishing of a performance bond by the successful bidder in accordance with chapters 5-18A and 5-21 . The board may accept an annual bond if the bid meets the requirements of chapters 5-18A and 5-21 . The board may reject any and all bids.

Legislative History

SDC 1939, § 15.2106; SL 1955, ch 41, ch 11, § 9; SL 1959, ch 68, § 1; SDC Supp 1960, § 15.2109; SL 1964, ch 39; SL 1979, ch 36, § 4; SL 2011, ch 2, § 127.