Upon approval of the estimate statements by the Board of Trustees, as provided for in this section, the Finance Officer shall publish a notice for bids to be published 3 consecutive weeks prior to the time fixed for opening bids, in the official newspaper of the town. The notice for bids shall contain notice that bidders, in their bids, shall undertake to supply the town with the services or supplies indicated in the notice and from time to time upon purchase orders by the purchasing agent for the ensuing calendar year. The Board of Trustees, at the time of directing notice for bids, shall specify the type of security, if any, to be given by the bidder.
(1992 Code, § 1-4-3) (Ord. 31, § 8-3, passed 10-1-1975)
Statutory reference:
Authority, see SDCL § 9-12-1