South Carolina Statutes

§ 11-35-3050 — Cost principles regulations for construction contractors.

South Carolina·Title 11 PUBLIC FINANCE·Ch. 35 SOUTH CAROLINA CONSOLIDATED PROCUREMENT CODE
The board may promulgate regulations setting forth cost principles which shall be used to determine the allowability of incurred costs for the purpose of reimbursing costs under provisions in construction contracts which provide for the reimbursement of costs.

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Legislative History

HISTORY: 1981 Act No. 148, SECTION 1; 1997 Act No. 153, SECTION 1.

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