South Dakota Codified Laws 5-18C-7. Municipal garbage disposal contracts and supply contracts
Current as of: 2023 | Check for updates
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For any contracts entered into pursuant to § 9-32-11 or for any supply contract, any local government may include a procedure for adjusting prices to meet changing market conditions not within the control of the vendor. The adjustments may not result in increases in the profit of the vendor, and shall be supported by written justification filed with the purchasing agent of the unit of local government.
Terms Used In South Dakota Codified Laws 5-18C-7
- Contract: A legal written agreement that becomes binding when signed.
- written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2
Source: SL 2010, ch 31, § 91.