{"data":{"id":"us-sc/s.c.-code-ann.-11-35-2020","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 11-35-2020","heading":"Approval of accounting system.","body":"The chief procurement officer, the head of a purchasing agency, or a designee of either officer may require that:\n(1) the proposed contractor's accounting system shall permit timely development of all necessary cost data in the form required by the specific contract type contemplated;\n(2) the proposed contractor's accounting system is adequate to allocate costs in accordance with generally accepted accounting principles.","path":["Title 11 - PUBLIC FINANCE","CHAPTER 35 South Carolina Consolidated Procurement Code","ARTICLE 5 Source Selection and Contract Formation","Subarticle 9 Types and Forms of Contracts"],"source_url":"https://www.scstatehouse.gov/code/t11c035.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T06:32:44Z","sha256":"4176cc7fae42ba6117f3b4e12ac712f7f6881ce23dfed806840371eedc1b5fda","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-11-35-2015","next":"us-sc/s.c.-code-ann.-11-35-2030"},"notice":"GroundRules: Original legal text. Not legal advice."}