Virginia Public Procurement Act; statute of limitations on actions on construction contracts. (SB607)

Introduced By

Sen. Tommy Norment (R-Williamsburg) with support from co-patron Sen. John Edwards (D-Roanoke)

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. This bill incorporates SB 195 and is identical to HB 1300. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/07/2020Prefiled and ordered printed; offered 01/08/20 20102689D
01/07/2020Referred to Committee on General Laws and Technology
01/14/2020Impact statement from DPB (SB607)
01/15/2020Rereferred from General Laws and Technology (14-Y 0-N) (see vote tally)
01/15/2020Rereferred to Judiciary
02/05/2020Reported from Judiciary with substitute (13-Y 0-N) (see vote tally)
02/05/2020Incorporates SB195 (Cosgrove)
02/05/2020Committee substitute printed 20105828D-S1
02/07/2020Impact statement from DPB (SB607S1)
02/07/2020Constitutional reading dispensed (37-Y 0-N) (see vote tally)
02/10/2020Impact statement from DPB (SB607S1)
02/10/2020Read second time
02/10/2020Reading of substitute waived
02/10/2020Committee substitute agreed to 20105828D-S1
02/10/2020Engrossed by Senate - committee substitute SB607S1
02/10/2020Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/10/2020Passed Senate (39-Y 0-N) (see vote tally)
02/13/2020Placed on Calendar
02/13/2020Read first time
02/13/2020Referred to Committee on General Laws
02/18/2020Referred from General Laws
02/18/2020Referred to Committee for Courts of Justice
02/19/2020Reported from Courts of Justice (22-Y 0-N) (see vote tally)
02/21/2020Read second time
02/24/2020Passed by for the day
02/25/2020Read third time
02/25/2020Passed House (100-Y 0-N)
02/25/2020VOTE: Passage (100-Y 0-N) (see vote tally)
03/02/2020Enrolled
03/02/2020Bill text as passed Senate and House (SB607ER)
03/02/2020Signed by Speaker
03/03/2020Impact statement from DPB (SB607ER)
03/03/2020Signed by President
03/12/2020Enrolled Bill Communicated to Governor on March 12, 2020
03/12/2020G Governor's Action Deadline 11:59 p.m., April 11, 2020
03/27/2020G Approved by Governor-Chapter 497 (effective 7/1/20)
03/27/2020G Acts of Assembly Chapter text (CHAP0497)

Duplicate Bills

The following bills are identical to this one: SB195 and HB847.

Post a Public Comment About this Bill



if you have one


(Limited HTML is OK: <a>, <em>, <strong>, <s>)