31-14-13. Performance bond required--Filing of contract and bond.
At the time of entering into a contract under §31-14-11, the contractor shall execute to the county a satisfactory bond with sufficient surety, to be approved by the board of county commissioners, or a certified check in the total sum of the contract, conditioned that the contractor will fulfill his contract according to the plans and specifications and account for all moneys paid to him, and pay all bills and claims on account of supplies, materials, or labor used in connection with or consumed in carrying on of any work in connection with such contract including all demands of subcontractors, and such bond or certified check shall stand as security for the faithful performance of said contract and for the payment of all such bills, claims, and demands. Such contract and bond or certified check shall be filed in the office of the county auditor.
Source: SL 1919, ch 333, §33; SL 1920 (SS), ch 89; SL 1925, ch 187; SDC 1939, §28.1406.
Structure South Dakota Codified Laws
Title 31 - Highways and Bridges
Chapter 14 - County And Township Bridges And Culverts
Section 31-14-1 - Definition of terms.
Section 31-14-2 - County commissioners' responsibility for bridges and culverts.
Section 31-14-3 - Drainage investigation of new or replacement bridge site.
Section 31-14-5 - Bridge plans and specifications--Design requirements--Filing by county auditor.
Section 31-14-11 - Opening of bids--Notice to successful bidder--Execution of contract.
Section 31-14-13 - Performance bond required--Filing of contract and bond.
Section 31-14-15 - Return of certified checks accompanying bids.
Section 31-14-18 - Progress reports by county highway superintendent--Partial payments on contracts.
Section 31-14-19 - Cost statement prepared by county highway superintendent--Filing.
Section 31-14-20 - Bridge construction and repairs by county work authorized.
Section 31-14-22 - Cost statement of county work prepared by county highway superintendent--Filing.
Section 31-14-24 - Emergency contracts for repair of bridges and approaches authorized.
Section 31-14-26 - Insufficient funds to pay emergency contract--Issuance of emergency warrants.
Section 31-14-31 - Drainage ditch bridges.
Section 31-14-33 - Inspection of township culverts--Duty of board of supervisors.
Section 31-14-38 - County line bridges--Sharing of costs in absence of apportionment contract.
Section 31-14-46 - Unlawful agreements on contracts--Offering or receiving bribes--Felony.