Section 7-25-9.1 - Waiver of security requirements on bids less than two thousand dollars.
7-25-9.1. Waiver of security requirements on bids less than two thousand dollars. Notwithstanding the provisions of § 7-25-9, the requirement of a bid bond, certified check, money order, cash, or other security may be waived when the bid submitted does not exceed two thousand dollars.
Source: SL 1968, ch 276; SL 1979, ch 46, § 2.