Virginia Public Procurement Act; proposals to public higher educational institutions, disclosure. (HB84)

Introduced By

Del. Buddy Fowler (R-Ashland) with support from co-patrons Del. Mark Cole (R-Fredericksburg), and Del. Kaye Kory (D-Falls Church)

Description

Virginia Public Procurement Act; public institutions of higher education; disclosure required by certain offerors; civil penalty. Requires every offeror who submits a proposal to a public institution of higher education for any construction project that (i) has a total cost of $5 million or more and (ii) uses a procurement method other than competitive sealed bidding to disclose any contributions the offeror has made within the previous five-year period to the public institution of higher education or any private foundation that exists solely to support the public institution of higher education. The bill imposes a $500 civil penalty on any offeror that knowingly fails to submit the required disclosure. Read the Bill »

Outcome

History