HB374:

Virginia Public Procurement Act; construction contracts, requirement to submit list.

Bill Summary:

Virginia Public Procurement Act; construction
contracts; requirement to submit list of subcontractors; penalty.
Requires all bidders or offerors on contracts for construction of
$250,000 or more to submit a list of subcontractors intended to be
used and the following: (i) a statement declaring that the bidder
or offeror has reviewed the qualifications and performance history
of each listed subcontractor and found such qualifications and performance
history to be sufficient to qualify the subcontractor to perform
the subcontract work and (ii) a statement indicating that the bidder
or offeror has received a written statement from each listed subcontractor
verifying that such subcontractor (a) has not defaulted on any projects
within the last three years, (b) has not been suspended or disbarred
by any public body within the last three years, and (c) is not currently
in bankruptcy. The bill allows the public body to disqualify any
listed subcontractor but requires the public body to notify the bidder
or offeror of such disqualification and allow the bidder or offeror
reasonable time to find a qualified replacement. The bill provides
that any bidder or offeror that does not submit the required list
and statements may have its bid or proposal disqualified and that
any bidder or offeror that is found to have knowingly provided false
information shall be debarred from contracting with any public body
for a period of up to one year and is guilty of perjury, a Class
5 felony.