FOR AN ACT ENTITLED, An Act to authorize the Board of Regents to contract for the construction of a precision agriculture classroom and laboratory building and renovation of the first and second floors of Berg Agriculture Hall at South Dakota State University and to make an appropriation therefor.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
    Section 1. The Board of Regents is hereby authorized to contract for the demolition of existing facilities, removal of rubbish, site preparation, construction, furnishing, and equipping of a precision agriculture classroom and laboratory building and renovation of the first and second floors of Berg Agriculture Hall at South Dakota State University, together with furnishings and equipment, including heating, air conditioning, plumbing, water, sewer, electric facilities, sidewalks, parking, landscaping, architectural and engineering services, asbestos abatement, and such other services or actions as may be required to accomplish the project, for an estimated cost of fifty-five million dollars, subject to permitted adjustments pursuant to

section 3 of this Act.
    Section 2. There is hereby appropriated for the purposes authorized in this Act the sum of sixteen million six hundred thousand dollars ($16,600,000), or so much thereof as may be necessary, in other funds donated for the purposes of this Act; seven million five hundred thousand dollars ($7,500,000), or so much thereof as may be necessary, in South Dakota Building Authority Financing paid by South Dakota State University research infrastructure improvement fund and other funds comprised of sales and services; thirty million nine hundred thousand dollars ($30,900,000), or so much thereof as may be necessary, from the general fund savings obtained pursuant to section 7 of chapter 43 of the 2017 Session Laws, together with any additional sums received pursuant to section 4 of this Act, and permitted adjustments pursuant to section 3 of this Act.
    Section 3. The cost estimates contained in this Act have been stated in terms of 2017 values. The Board of Regents may adjust such cost estimates to reflect the inflation as measured by the Building Cost Index, reported by the Engineering News Record and additional expenditures required to comply with regulations adopted after the effective date of this Act, or additional sums received pursuant to section 4 of this Act. However, any adjustments to construction cost estimates for the project may not exceed one hundred twenty-five percent of the estimated project construction cost stated in section 1 of this Act.
    Section 4. The Board of Regents may accept, transfer, and expend any funds obtained for the projects authorized in this Act from federal sources, donations, or any other external sources, all of which comprise a special fund for the benefitted project. All moneys deposited into that fund are hereby appropriated to the projects authorized by this Act, subject to limitations stated in sections 1 to 3, inclusive, of this Act.
    Section 5. The administration of the design and construction of the project authorized in this

Act shall be under the general charge and supervision of the Bureau of Administration as provided in chapter 5-14.
    Section 6. The executive director of the Board of Regents shall approve vouchers and the state auditor shall draw warrants to pay expenditures authorized by this Act.