If any contractor to whom a portion of the work shall have been let shall fail to perform it according to the terms specified in his contract, action may be had in behalf of the board of drainage commissioners against such contractor and his bond in the court of common pleas for damages sustained by the drainage district and recovery made against such contractor and his sureties. In such an event the work shall be advertised and relet in the same manner as the original letting.
S.C. Code § 49-17-1130