SDCL § 5-18B-32: Deposit or bond submitted with proposal--Forfeiture.
Where this section sits in the code
- TITLE 5. PUBLIC PROPERTY, PURCHASES AND CONTRACTS
- CHAPTER 5-18B. 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.
Collected 2026-09-03T15:18:56Z. Source file · JSON