70:07:04:09.  Reasons for debarment. The commission may debar a business for the following reasons:

 

          (1)  The business employs a former principal of a debarred or suspended business or person as an officer, director, or manager or in another significant decision-making capacity while the former principal or business is debarred or suspended;

 

          (2)  The business is owned by or associated in a joint venture with a debarred or suspended business or is controlled by a principal or former principal of a debarred or suspended business; or

 

          (3)  A former principal of a debarred or suspended business has a significant financial interest in the business and the principal has the authority to or will control, direct, manage, or influence activities of the business concerned with the department contract in question.

 

          Source: 19 SDR 154, effective April 11, 1993; 47 SDR 38, effective October 6, 2020.

          General Authority: SDCL 31-5-10.

          Law Implemented: SDCL 31-5-10.