S.C. Code Ann. §§ 57-5-1310 to 1495

Summary

The law authorizes the state DOT to construct and operate turnpike facilities. The law appears to allow the use of P3s for these facilities by allowing the DOT to exercise authorizations as are granted by the provisions in other law to designate, establish, plan, abandon, improve, construct, maintain, and regulate turnpike facilities.

No surety bond language.

S.C. Code Ann. § 57-3-200

Summary

The law authorizes the state DOT to expend such funds as it deems necessary to enter into partnership agreements with private entities to finance, by tolls and other methods, the cost of acquiring, constructing, equipping, maintaining, and operating highways, roads, streets, and bridges in the state.

No surety bond language.

Topic
Advocacy
Publish Date
November 7, 2024
Region
South Carolina
Audience
Agents, Contractors, Owners, Sureties
Resource Type
P3 Statutes, Resource Map