Virginia Public Procurement Act; purchase of owner-controlled insurance for construction project. (HB2248)
Introduced By
Del. Barry Knight (R-Virginia Beach)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Public Procurement Act; purchase of owner-controlled insurance for construction project. Reduces the value of a public construction contract for which a public body may purchase owner-controlled insurance from $100 million to $10 million for multiple contracts and from $50 million to $5 million for a single contract. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/19/2015 | Committee |
| 01/19/2015 | Presented and ordered printed 15103596D |
| 01/19/2015 | Referred to Committee on General Laws |
| 01/21/2015 | Assigned GL sub: Subcommittee #2 |
| 01/27/2015 | Impact statement from DPB (HB2248) |
| 01/27/2015 | Subcommittee failed to recommend reporting (3-Y 4-N) |
| 02/10/2015 | Left in General Laws |