Virginia Public Procurement Act; contract pricing arrangements. (HB1235)

Introduced By

Del. Jimmie Massie (R-Richmond)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Virginia Public Procurement Act; contract pricing arrangements.  Provides that the award of a public contract may be made on the basis of cost plus a percentage of the private investment made by a private entity in cases of the procurement of commercial or financial consulting services related to a qualifying transportation facility under the Public-Private Transportation Act or a qualifying project under the Public-Private Education Facilities and Infrastructure Act, where the commercial or financial consulting services are sought to solicit or to solicit and evaluate proposals for the qualifying transportation facility or the qualifying project. The bill defines "private entity," "qualifying transportation facility," and "qualifying project." Read the Bill »


Bill Has Failed


01/20/2012Presented and ordered printed 12104356D
01/20/2012Referred to Committee on General Laws
01/25/2012Impact statement from DPB (HB1235)
02/07/2012Assigned GL sub: #2 FOIA/Procurement
02/09/2012Subcommittee recommends reporting (7-Y 0-N)
02/09/2012Subcommittee recommends referring to Committee on Appropriations
02/09/2012Reported from General Laws (21-Y 0-N) (see vote tally)
02/09/2012Referred to Committee on Appropriations
02/10/2012Tabled in Appropriations