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