§ 34.42 RECOVERY FROM DEFAULTING BIDDER OR OFFEROR.
   If any successful bidder or offeror fails to fulfill the conditions of an awarded contract, the purchasing agency may proceed to recover from the defaulting party whatever damages may have been sustained as a result of the default. The purchasing agency shall have all remedies provided in the contract and provided by law.
(SDCL § 5-18A-16)