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April 20
SCDOT Financial Report - 34

This update is released by the South Carolina Department of Transportation (SCDOT) each week to report the agency’s current fiscal status and to highlight recent accomplishments of the agency.  

 

 

1)      SCDOT’s current financial status remains stable with a continued positive outlook.  Accordingly, SCDOT continues to process validated invoices in a timely manner.  The Comptroller General’s office has processed approximately $29 million in payments to SCDOT vendors, contractors and others thus far during the month of April.  All debt service and South Carolina Transportation Infrastructure Bank payments are current.  

 

2)      The Vendor/Contractor Information section of the web page has been updated to reflect the construction file and estimate numbers that have been selected for payment and the payment process has been initiated.

 

3)      The SCDOT Commission was given a presentation on SCDOT’s overall financial situation at its monthly Commission meeting yesterday.  The presentation may be viewed at the link below.

 

 

http://www.scdot-transfer.org/SCDOTPhotos/FinancialUpdate04192012.pdf