South Carolina § 11-35-1230 - Auditing and fiscal reporting.

§ 11-35-1230. Auditing and fiscal reporting.

(1) The Division of Procurement Services, through consultation with the chief procurement officers, shall develop written plans for the auditing of state procurements.

(2) In procurement audits of governmental bodies thereafter, the auditors from the Division of Procurement Services shall review the adequacy of the governmental body's internal controls in order to ensure compliance with the requirement of this code and the ensuing regulations. A noncompliance discovered through audit must be transmitted in management letters to the audited governmental body and the board. The Division of Procurement Services shall provide in writing proposed corrective action to governmental bodies. Based upon audit recommendations, the board may revoke certification as provided in Section 11-35-1210 and require the governmental body to make all procurements through the appropriate chief procurement officer above a dollar limit set by the board, until such time as the board is assured of compliance with this code and its regulations by that governmental body.

HISTORY: 1981 Act No. 148, SECTION 1; 1986 Act No. 510, SECTION 8; 1997 Act No. 153, SECTION 1; 2006 Act No. 376, SECTION 21; 2019 Act No. 41 (S.530), SECTION 15, eff May 13, 2019.

Code Commissioner's Note

At the direction of the Code Commissioner, references in this section to the "Budget and Control Board", the "State Budget and Control Board" or the "board" were changed to the "State Fiscal Accountability Authority", the "authority", or the "Division of Procurement Services" of the "State Fiscal Accountability Authority", pursuant to the directive of the South Carolina Restructuring Act, 2014 Act No. 121, SECTION 5(B), effective July 1, 2015.

Editor's Note

2019 Act No. 41, SECTION 80, provides as follows:

"SECTION 80. This act takes effect upon approval by the Governor and applies to solicitations issued after that date."

Effect of Amendment

2019 Act No. 41, SECTION 15, in (1), substituted "Division of Procurement Services" for "designated board office"; inserted the (2) identifier in the first undesignated paragraph and deleted former (2), which related to the requirement that the Division of Budget Analysis with the Comptroller General shall assume responsibility for certain fiscal reporting procedures; in (2), in the first sentence, substituted "Division of Procurement Services" for "designated board office" and "governmental body's" for "system's", in the second sentence, substituted "board" for "State Fiscal Accountability Authority", in the third sentence, substituted "The Division of Procurement Services" for "The auditors", and in the fourth sentence, deleted "of the designated board office" following "audit recommendations".