Section 15.1-30-06 - Transportation - Bids, contracts, bonds1. Before the beginning of each school year, the board of a school district that provides transportation shall contract for the provision of transportation services during the school year. Except as provided in section 15.1-30-11, the board shall provide notice of its intent to contract by publishing the time and place for submission of sealed bids in the official newspaper of the school district at least ten days prior to the required date of submission. The notice must: a. Include the route to be covered by each contract;b. Provide that the board reserves the right to reject any and all bids;c. Provide that each successful bidder must submit in a separate envelope a bond in an amount set by the board, provided that the amount of the bond must be at least five hundred dollars;d. Provide that the bond must be conditioned for the faithful performance of the duties set forth in the contract; ande. Provide that any bids submitted name the individual who will operate the vehicle and describe the vehicle.2. If the transportation vehicle is privately owned, the duration of the contract may not exceed seven years.3. This section does not apply to a school district that owns its own buses and employs its own busdrivers.