Virginia Public Procurement Act; statute of limitations on actions on construction contracts. (HB1300)

Introduced By

Del. Chris Hurst (D-Blacksburg) with support from co-patron Del. Terry Kilgore (R-Gate City)

Progress

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

Description

Virginia Public Procurement Act; statute of limitations on performance bonds; statute of limitations on construction contracts and architectural and engineering contracts. Provides that an action against the surety on a performance bond shall be brought within five years after the completion of the contract. The bill further provides that the statute of limitations on construction contracts and architectural and engineering contracts is 15 years after completion of the contract. The bill specifies that completion of the contract is the final payment to the contractor pursuant to the terms of the contract, but that if a final certificate of occupancy or written final acceptance of the project is issued prior to final payment, the period to bring an action shall commence no later than 12 months from the date of the certificate of occupancy or written final acceptance of the project. The bill incorporates HB 847. Read the Bill »

Status

02/12/2020: In Committee

History

DateAction
01/08/2020Committee
01/08/2020Prefiled and ordered printed; offered 01/08/20 20105008D
01/08/2020Referred to Committee on General Laws
01/15/2020Impact statement from DPB (HB1300)
01/21/2020Referred from General Laws
01/21/2020Referred to Committee for Courts of Justice
01/30/2020Assigned Courts sub: Civil
02/03/2020Subcommittee recommends reporting with substitute (8-Y 0-N)
02/05/2020Committee substitute printed 20107490D-H1
02/05/2020Incorporates HB847 (Runion)
02/05/2020Reported from Courts of Justice with substitute (22-Y 0-N) (see vote tally)
02/05/2020Referred to Committee on Appropriations
02/06/2020Assigned App. sub: Compensation & General Government
02/07/2020Impact statement from DPB (HB1300H1)
02/07/2020Subcommittee recommends reporting (8-Y 0-N)
02/07/2020Reported from Appropriations (20-Y 2-N) (see vote tally)
02/09/2020Read first time
02/10/2020Read second time
02/10/2020Committee substitute agreed to 20107490D-H1
02/10/2020Engrossed by House - committee substitute HB1300H1
02/11/2020Read third time and passed House (97-Y 2-N)
02/11/2020VOTE: Passage (97-Y 2-N) (see vote tally)
02/12/2020Constitutional reading dispensed
02/12/2020Referred 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 02/19/2020. It meets on Monday, 45 minutes after adjournment—Senate Room A.

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