Public Procurement Act; bid match preference for State businesses. (HB1015)

Introduced By

Del. Barbara Comstock (R-McLean)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Virginia Public Procurement Act; bid match preference for Virginia businesses.  Provides, for contracts not expected to exceed $5 million, a bid match preference for Virginia business. Under the bill, a Virginia business has an opportunity to match the lowest bid of an out-of-state bidder if the bid of a Virginia business is within five percent or $10,000, whichever is less, of the lowest bid of an out-of-state bidder. The bill also provides that to be deemed a resident of Virginia, a Virginia person, firm, or corporation must have paid unemployment taxes or income taxes in Virginia in addition to being organized pursuant to Virginia law or maintaining a principal place of business within Virginia. The bill has a three-year sunset provision. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2012Committee
01/11/2012Prefiled and ordered printed; offered 01/11/12 12103929D
01/11/2012Referred to Committee on General Laws
01/18/2012Impact statement from DPB (HB1015)
01/27/2012Assigned GL sub: #2 FOIA/Procurement
02/02/2012Subcommittee recommends incorporating (HB334-Villanueva)
02/14/2012Left in General Laws