South Carolina Code of Regulations
Chapter 63 - DEPARTMENT OF HIGHWAYS AND PUBLIC TRANSPORTATION
Article 8 - DISADVANTAGED BUSINESS ENTERPRISES PROGRAM
Section 63-713 - Letter to Lending Institutions
Universal Citation: SC Code Regs 63-713
Current through Register Vol. 48, No. 3, March 22, 2024
When a DBE receives a contract, the Department will furnish a letter, upon request, stating the dollar value and duration of, and other information about the contract, which may be used by the DBE in negotiating lines of credit with lending institutions.
(1) For highway and bridge construction contracts, this letter will be in the form of the Statement of Award.
(2) For building construction and renovation contracts, this letter will be in the form of the Notice to Proceed.
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