™Your Policy Risk Impact Agent
40 chapters · 702 sections in this title.
S.C. Code Ann. § 11-60-10 Definitions
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For the purposes of this chapter: (1) "Authority" means the State Fiscal Accountability Authority. (2) "Independent evaluator" means a qualified person or entity selected by a state agency, and with whom a state agency contracts, to provide independent evaluation services to dete…
S.C. Code Ann. § 11-60-20 Requirements for state agency to enter into a pay-for-success contract
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Subject to Section 11-60-30, a state agency may enter into a pay-for-success contract only if the state agency head explains in writing how the contract will produce a quantifiable public benefit or financial savings to the State, by achieving meaningful impact outcomes and not s…
S.C. Code Ann. § 11-60-30 Approval by authority required prior to competitive solicitation or contract formation
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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 …
S.C. Code Ann. § 11-60-40 Requirements for pay-for-success contracts
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Each pay-for-success contract must include the following: (1) a full and thorough description of the objectives of the pay-for-success contract; a clear description of the program, service, or project management services to be performed by the private-sector organization; a clear…
