34 chapters · 616 sections in this title.
SDCL § 5-21-1 Surety bond required--Obligation of prompt payment of laborers and materialmen
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Except as provided in § 31-12-15 , when any contract is entered into for the construction of public improvement or the furnishing of any material or labor therefor, the contractor is required, before commencing such work, to furnish surety in an amount not less than the contract …
SDCL § 5-21-1.1 Waiver of performance security requirement on contracts under certain amount
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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. Source: SL 1968, ch 276 ; SL 1977, ch 51 , § 2; SL 1985, ch 42 , § 3; SL 1988, ch 56 , § 3; …
SDCL § 5-21-1.3 Waiver of performance security requirement for emergency procurement
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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.
SDCL § 5-21-2 Public corporation's civil liability for failure to require bond for protection of laborers and materialmen
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In case any such public corporation shall fail or neglect to require the execution of the surety provided for in § 5-21-1 , such public corporation shall be liable to pay any person who shall have performed labor or furnished any material that entered into the erection, alteratio…