GroundRules
SDCL § 5-21-1.1: Waiver of performance security requirement on contracts under certain amount.
Where this section sits in the code
- TITLE 5. PUBLIC PROPERTY, PURCHASES AND CONTRACTS
- CHAPTER 5-21. PERFORMANCE BONDS FOR PUBLIC IMPROVEMENT CONTRACTS
The requirement of a performance security may be waived by a public corporation if the bid submitted does not exceed the limit established pursuant to § 5-18A-14 for a public improvement.
Collected 2026-09-03T15:18:56Z. Source file · JSON