South Carolina Code 11-35-5260. Reports of number and dollar value of contracts awarded to minority firms
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Terms Used In South Carolina Code 11-35-5260
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
The Small and Minority Business Assistance Office shall report annually in writing to the Governor concerning the number and dollar value of contracts awarded for each governmental body to a firm certified as a minority firm pursuant to § 11-35-5230 during the preceding fiscal year. These records must be maintained to evaluate the progress of this program.