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          70:07:02:03.  Classification and maximum bidding capacity rating. A prospective bidder shall obtain a classification and maximum bidding capacity rating granted by the committee pursuant to this chapter before bidding on a state highway construction contract unless the amount being bid is less than $200,000.

 

          Source: SL 1975, ch 16, § 1; 6 SDR 109, effective May 29, 1980; 8 SDR 45, effective October 28, 1981; 8 SDR 170, effective June 21, 1982; 13 SDR 159, effective May 3, 1987; 13 SDR 129, 13 SDR 134, effective July 1, 1987; transferred from § 70:01:05:02, 19 SDR 154, effective April 11, 1993; 40 SDR 121, effective January 6, 2014.

          General Authority: SDCL 31-5-10.

          Law Implemented: SDCL 31-5-10.

 


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