21.291.15 96th Legislative Session 400

2021 South Dakota Legislature

House Bill 1007

Introduced by: The Committee on Local Government at the request of the Bureau of Administration

An Act to revise certain provisions regarding checks or bid bonds for public improvements.

Be it enacted by the Legislature of the State of South Dakota:

Section 1. That § 5-18B-3 be AMENDED.

5-18B-3. Check or bid bond requirement--Waiver.

Notwithstanding the provisions of § 5-18B-2, the requirement of a bid bond, certified or cashier's check, cash, or other security may be waived by the purchasing agency if the bid submitted does not exceed fifty thousand dollars the limit established pursuant to § 5-18A-14 for a public improvement.

Catchlines are not law. (§ 2-16-13.1) Underscores indicate new language.

Overstrikes indicate deleted language.