View Amendment Current Amendment: 103 to Bill 4950 Reps. COBB-HUNTER and HERBKERSMAN propose the following Amendment No. 103 to H.4950 as introduced by Ways & Means
(Doc Name H:\LEGWORK\HOUSE\AMEND\H-WM\001\STATE CONTRACTS3.DOCX):

EXPLANATION: Requires SFAA to develop guidelines for contracts exceeding $50K incentivizing prompt payment of employees when total cost of manual labor exceeds 70% of total cost of all labor.

Amend the bill, as and if amended, Part IB, Section 117, GENERAL PROVISIONS, page 506, after line 2, by adding an appropriately numbered paragraph to read:
/(GP: State Contracts) Of the funds appropriated or authorized to the State Fiscal Accountability Authority, the authority shall develop guidelines regarding covered contracts exceeding $50,000 that state agencies enter into which incentivizes contractors to pay their employees promptly. For purposes of this proviso, a "covered contract" is any contract that involves the physical performance of manual labor within South Carolina, if the contracting agency reasonably anticipates that the total cost of the manual labor will exceed seventy percent of the total cost of all labor. These guidelines shall provide that an agency may consider a prospective contractor's record of promptly paying its employees both (a) when making a determination of the contractor's responsibility to perform, or (b) when deciding whether to exercise a contractual right to extend, renew, or otherwise lengthen an existing contract. The guidelines may, but are not required to, include model terms and conditions that allow the State to deem a contractor's persistent failure to timely pay its employees as a material breach of contract./

Renumber sections to conform.
Amend totals and titles to conform.