South Carolina § 11-60-30 Approval by authority required prior to competitive solicitation or contract formation.

South Carolina Statutes

§ 11-60-30 — Approval by authority required prior to competitive solicitation or contract formation.

South Carolina § 11-60-30

Title 11PUBLIC FINANCE

Ch. 60PAY-FOR-SUCCESS PERFORMANCE ACCOUNTABILITY

This text of South Carolina § 11-60-30 (Approval by authority required prior to competitive solicitation or contract formation.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 11-60-30 (2026).

Text

All pay-for-success contracts require approval by the authority prior to competitive solicitation or contract formation, whichever is earlier. The authority may exempt a state agency from this requirement. The authority must consider, at a minimum, the availability and source of funds to make success payments, the qualifications and independence of the independent evaluator, the proposed performance measures, and the stated public benefit or financial savings to the State, including the state agency head's written explanation as required by Section 11-60-20. If the authority exempts a state agency from obtaining authority approval, then the state agency must keep the state agency head's written explanation of benefits and savings in its records. Nothing herein exempts a pay-for-success con

Free access — add to your briefcase to read the full text and ask questions with AI

All pay-for-success contracts require approval by the authority prior to competitive solicitation or contract formation, whichever is earlier. The authority may exempt a state agency from this requirement. The authority must consider, at a minimum, the availability and source of funds to make success payments, the qualifications and independence of the independent evaluator, the proposed performance measures, and the stated public benefit or financial savings to the State, including the state agency head's written explanation as required by Section 11-60-20. If the authority exempts a state agency from obtaining authority approval, then the state agency must keep the state agency head's written explanation of benefits and savings in its records. Nothing herein exempts a pay-for-success contract from Chapter 35, Title 11.

Legislative History

HISTORY: 2021 Act No. 52 (S.461), SECTION 2, eff May 17, 2021. Editor's Note 2021 Act No. 52, SECTION 1, provides as follows: "SECTION 1. This act must be known and may be cited as the 'South Carolina Pay-for-Success Performance Accountability Act'."