The requirement of a performance security may be waived by a public corporation if the procurement meets the requirements established pursuant to § 5-18A-9 . Source: SL 2016, ch 41 , § 1.
Waiver of performance security requirement for emergency procurement
SDCL § 5-21-1.3, under PERFORMANCE BONDS FOR PUBLIC IMPROVEMENT CONTRACTS.
SDCL § 5-21-1.3