Thursday, July 24, 2008
The General Assembly is not in session.

Tracking Virginia’s General Assembly
since 2007.

Search 2008 Bills:

HB426: Public Procurement Act; expands forms of bid, payment, and performance security.

Chief Patron

Del. Bob Marshall (R-13)

Bob Marshall (R-13)
Manassas, VA
Served: 1992–

Progress

Yes Introduced
No Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Status

02/12/2008: Failed to Pass in Committee

View Entire History

Summary

Virginia Public Procurement Act; bid, payment, and performance bonds; alternate forms of security.  Expands the forms of alternate bid, payment, and performance security that may be used to include a bond provided or executed by an individual surety provided that (i) the person acting as the individual surety transacts business only through an insurance agency licensed by the Bureau of Insurance of the State Corporation Commission; (ii) the person acting as the individual surety provides an affidavit of individual surety in a form acceptable to the Department of General Services; and (iii) pledges certain assets in the amount equal to 100 percent of the contract value for the total penal amount of the performance and payment bonds or the penal amount of the bid as required by the bid bond. 

  View Full Text »

Video

Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 01/14/2008 and 02/12/2008.

Identical Bills

The following bills are identical to this one: HB187

Patron: Bob Marshall
Introduced: 2007-12-26
Status: Failed to Pass in Committee
.

Support the
			Virginia Interfaith Center

Poll Results

No Richmond Sunlight visitors voted on this bill while voting was open.

?

Tags

Separate each tag with a space: tax highway vdot. Multiple word tags must be enclosed within quotes: “capital murder”.

Bill Text

Subscribe

RSS Feed Keep track of the status of this bill as it moves through the General Assembly — subscribe via RSS.