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SOUTH DAKOTA STATUTES AND CODES
Section 5-18B-32 - Deposit or bond submitted with proposal--Forfeiture.
5-18B-32. Deposit or bond submitted with proposal--Forfeiture. Any proposal, submitted pursuant to this section, shall be accompanied by a deposit or bond meeting the requirements of § 5-18B-2. The deposit or security may be forfeited if the proposal is accepted but the design-builder fails to execute the design-build contract.
Source: SL 2010, ch 31, § 71.
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