Home/South Dakota/Statutes/Title 5: PUBLIC PROPERTY, PURCHASES AND CONTRACTS/Ch. 5-18: PROCUREMENT OF PUBLIC IMPROVEMENTS/§ 5-18B-32
South Dakota Statutes

§ 5-18B-32 — Deposit or bond submitted with proposal--Forfeiture.

South Dakota·Title 5 PUBLIC PROPERTY, PURCHASES AND CONTRACTS·Ch. 5-18 PROCUREMENT OF PUBLIC IMPROVEMENTS
Any proposal, submitted pursuant to this section, shall be accompanied by a deposit or bond meeting the requirements of § 5-18B-2 . The deposit or security may be forfeited if the proposal is accepted but the design-builder fails to execute the design-build contract.

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South Dakota § 5-18B-32 (Deposit or bond submitted with proposal--Forfeiture.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 2010, ch 31, § 71.

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