13-20-7.1. Deposit and performance bond by school improvement bidders--Rejection of bids.
64 words·~1 min read·
/sd/title-13/chapter-13-20/13-20-7-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.