Virginia Public Procurement Act; statute of limitations on actions on construction contracts, etc. (SB1369)

Introduced By

Sen. Tommy Norment (R-Williamsburg)

Progress

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

Description

Virginia Public Procurement Act; statute of limitations on actions on construction contracts; statute of limitations on actions on performance bonds. Provides that no action may be brought by a public body on any construction contract, including construction management and design-build contracts, unless such action is brought within five years after substantial completion of the work on the project and that no action may be brought by a public body on a warranty or guarantee in such construction contract more than one year from the breach of that warranty, but in no event more than one year after the expiration of such warranty or guarantee. The bill also limits the time frame during which a public body, other than the Department of Transportation, may bring an action against a surety on a performance bond to within one year after substantial completion of the work on the project. Current law allows a public body, other than the Department of Transportation, to bring such an action within one year after (i) completion of the contract, including the expiration of all warranties and guarantees, or (ii) discovery of the defect or breach of warranty that gave rise to the action. Amends § 2.2-4340, § 2.2-4343, of the Code of Virginia. Read the Bill »

Status

01/08/2019: Awaiting a Vote in the General Laws and Technology Committee

History

DateAction
01/08/2019Prefiled and ordered printed; offered 01/09/19 19101482D
01/08/2019Referred to Committee on General Laws and Technology

Hearing Scheduled

This bill is scheduled to be heard in the Senate General Laws and Technology committee on 01/21/2019. It meets on Monday, 45 minutes after adjournment—Senate Room A.

Duplicate Bills

The following bills are identical to this one: HB1667.

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