7-25-13. Payment required if building occupied before acceptance.
It is further provided that in the event the board elects to use and occupy the public improvement before acceptance, the board shall pay all amounts due under the contract except double the amount the superintendent or architect shall estimate necessary to complete the improvement in accordance with the plans and specifications or one percent of the contract price, whichever is the greater, or in any event not less than three hundred dollars, and no interest shall be allowed thereon until sixty days after said work has been fully completed.
Source: SDC 1939, ยง12.2308 as added by SL 1963, ch 51.
Structure South Dakota Codified Laws
Chapter 25 - County Buildings And Improvements
Section 7-25-2 - Investment of building fund--Income paid into fund.
Section 7-25-5 - Commissioners' duty to use accumulated building fund.
Section 7-25-7 - Advertising and award procedure for building construction contracts.
Section 7-25-8 - Building plans and specifications to be on file--Petty offense to permit removal.
Section 7-25-9.1 - Waiver of security requirements on bids less than two thousand dollars.
Section 7-25-11 - Execution of construction contracts.
Section 7-25-12 - Performance bond required of construction contractor.
Section 7-25-13 - Payment required if building occupied before acceptance.
Section 7-25-16 - Insurance on buildings--Application of proceeds--Filing policies.
Section 7-25-17 - Rental space provided county officers where courthouse or jail insufficient.
Section 7-25-19 - Sale and lease-back arrangements--Disposition of sale proceeds--Tax exemption.
Section 7-25-20 - Sale and lease-back powers additional--Restrictions on exercise.