46A-5-16. Contracts for material--Lowest responsible bidder--Security for bid, amount, forfeiture.
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/sd/title-46/chapter-46-5/46a-5-16·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Contracts for the purchase of material shall be awarded to the lowest responsible bidder. Bidders may be required to put up a certified check in the sum of five percent of the bid, to be forfeited to the district in the event that the bidder does not execute the contract if awarded to him.