{"data":{"id":"us-sd/sdcl-5-18a-36","jurisdiction":"us-sd","citation":"SDCL § 5-18A-36","heading":"Performance and payment bond or approved security.","body":"For any public improvement contract, a performance and payment bond is required pursuant to chapter 5-21. For any other contract, a purchasing agency may require a bond or an approved security to be provided by the successful offeror or bidder as a guarantee of faithful performance of the contract. In any case, the bond or approved security of the successful offeror or bidder shall be returned upon satisfactory completion of the contract.","path":["TITLE 5. PUBLIC PROPERTY, PURCHASES AND CONTRACTS","CHAPTER 5-18A. PUBLIC AGENCY PROCUREMENT--GENERAL PROVISIONS"],"source_url":"https://sdlegislature.gov/Statutes/5-18A-36","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"5693c03c57128231967a51049689b10e24a52ead1c20f52c586c47f376d5071b","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-5-18a-35","next":"us-sd/sdcl-5-18a-37"},"notice":"GroundRules: Original legal text. Not legal advice."}
