Internal Improvements to SCDOT Project Delivery for Construction Projects

The purpose of this research project is to investigate project delivery as it relates to construction projects to help support the Department of Transportation's vision. The project delivery goals of the Agency as it relates to this research include: Fifty percent of construction projects are completed on schedule ; Ninety-five percent of projects are closed out within 270 days ; Seventy-five percent of construction projects are authorized on schedule. The goals of this project are to determine what factors contribute to unsuccessful project delivery and determine how these factors can be improved. This project will mainly investigate Construction roles during the Preconstruction phase of the project as well as examine the project during construction and identify areas that prohibit effective and timely project delvery.

A review of the South Carolina Transportation Infrastructure Bank

Members of the General Assembly asked the Legislative Audit Council to review the operations of the South Carolina Transportation Infrastructure Bank, a state agency that awards grants and loans to local and state agencies primarily for large transportation construction projects. The primary audit objectives were to review compliance with state law and policies regarding: The awarding of grants and loans for transportation construction projects ; The use of project revenues and whether funds dedicated to specific projects have been comingled with funds dedicated to other projects ;• Proper accounting and reporting procedures ; The process for repayment of revenue bonds ; Hiring of consultants, attorneys, and bond credit rating agencies ; Ethics.