John Bell
- Democratic
Primary
Virginia Public Procurement Act; performance and payment bonds. Requires a performance bond and payment bond to be furnished by the contractor for all nontransportation-related public construction contracts that exceed $500,000 and all transportation-related projects that exceed $350,000 and are partially or wholly funded by the Commonwealth. Current law only requires these bonds for certain types of contracts.
Virginia Public Procurement Act; performanceand payment bonds. Requires a performance bond and payment bondto be furnished by the contractor for all public construction contractsthat exceed $500,000. Current law only requires these bonds for certaintypes of contracts. The bill removes provisions that applied differentbond requirements for transportation-related projects.
Approved by Governor-Chapter 565 (effective 7/1/22)
Governor's Action Deadline 11:59 p.m., April 11, 2022
Enrolled Bill Communicated to Governor on March 22, 2022
Impact statement from DPB (SB259ER)
Enrolled
Signed by Speaker
Signed by President
Title replaced 22107007D-H1
House substitute agreed to by Senate (39-Y 0-N)
Read third time
VOTE: Block Vote Passage (98-Y 0-N)
Passed House with substitute BLOCK VOTE (98-Y 0-N)
Engrossed by House - committee substitute SB259H1
Committee substitute agreed to 22107007D-H1
Read second time
Impact statement from DPB (SB259H1)
Committee substitute printed 22107007D-H1
Reported from General Laws with substitute (22-Y 0-N)
House committee, floor amendments and substitutes offered
Subcommittee recommends reporting (5-Y 1-N)
Assigned GL sub: Subcommittee #4
Read first time
Referred to Committee on General Laws
Placed on Calendar
Read third time and passed Senate (40-Y 0-N)
Read second time and engrossed
Passed by for the day
Constitutional reading dispensed (40-Y 0-N)
Reported from General Laws and Technology (15-Y 0-N)
Impact statement from DPB (SB259)
Referred to Committee on General Laws and Technology
Prefiled and ordered printed; offered 01/12/22 22101398D
| Bill Text Versions | Format |
|---|---|
| Prefiled and ordered printed; offered 01/12/22 22101398D | PDF HTML |
| Committee substitute printed 22107007D-H1 | PDF HTML |
| SB259ER | PDF HTML |
| CHAP0565 | PDF HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: SB259FER122.PDF | |
| Fiscal Impact Statement: SB259FH1122.PDF | |
| Fiscal Impact Statement: SB259F122.PDF |
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