13-20-7.1. Deposit and performance bond by school improvement bidders--Rejection of bids. If school facilities are to be built or remodeled or improvements are to be made to school sites, the school board advertising pursuant to § 13-20-3 shall require a reasonable deposit guaranteeing the execution of the contract and the furnishing of a performance bond by the successful bidder in accordance with chapters 5-18A and 5-18B. The board may reject any and all bids.
Source: SL 1979, ch 36, § 5; SL 2011, ch 2, § 128.
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