A Few Construction Related Bills to Keep an Eye On in 2023 (UPDATED)

Legislation word on ripped paper

Attorney Christopher G. Hill summarizes construction-related bills recently introduced in Virginia.

February 20, 2023
Christopher G. Hill - Construction Law Musings

The annual General Assembly session is now well underway here in the Commonwealth of Virginia. As is always the case, those in our fine state legislature have introduced with varying success a few construction-related bills. This post will list just a few without comment, and a big one at the end that will likely spur a post or two down the road here at Construction Law Musings:

HB1490: Virginia Public Procurement Act; certain construction contracts; performance and payment bonds. Allows localities to allow a contractor of indefinite-delivery or quantity contracts, defined in the bill, who is otherwise required to furnish performance and payment bonds in the sum of the contract amount to the public body with which he contracted to furnish such bonds only the dollar amount of the individual tasks identified in the underlying contract. Such contractors shall not be required to furnish the sum of the contract amount if the governing locality has adopted such an ordinance.

UPDATE: Passed the House and is being considered in the Senate

UPDATE 2: A substitute bill has passed both the House and the Senate.

Mr. Hill may be contacted at chrisghill@constructionlawva.com


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