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Columbia, SC (WLTX) -- Unemployed residents of South Carolina, North Carolina, and Georgia, will have a single shared unemployment benefits system.

A report published December 19th states the new Unemployment Insurance system, called the Southeast Consortium Unemployment Insurance Benefits Initiative, or SCUBI, will put in place all processes to replace all Unemployment Systems in South Carolina, North Carolina, and Georgia.

Once complete, the Consortium Initiative will service all Unemployment Insurance benefits for all three states.

The South East Consortium consists of the South Carolina Department of Employment and Workforce, North Carolina Division of Employment Security and Georgia Department of Labor.

Executive Director of S.C.'s Department of Employment and Workforce, Cheryl Stanton, said "Through this multi-state consortia initiative, we can collectively modernize our aging unemployment benefits systems to improve services for our citizens. This (program) will help us keep pace with the changing nature of each state's labor force, and will allow for greater unemployment insurance and IT flexibility, and will save money in the long run."

The Consortium contracted an outsourced vendor for consulting on the business system design and implementation, Capgemini Government Solutions based in Paris and Reston, VA, for . The company's focus is assisting public organizations in modernization of benefit and tax systems.

The contract, worth $60-million,will cover designs of technical and business processes, and development and implementation of a multi-state Unemployment Insurance (UI) benefits system.

The $60M price tag will be shared equally by all three states.

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