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2004 SESSION

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HB 148 Public-Private Education Facilities & Infrastructure Act; provisions for performance & payment bond.

Introduced by: Frank D. Hargrove, Sr. | all patrons    ...    notes | add to my profiles | history

SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION:

Public-Private Education Facilities and Infrastructure Act of 2002. Amends the Public-Private Education Facilities and Infrastructure Act of 2002 by requiring local public entities to have independent design professionals or other professionals to provide independent analysis of the project prior to proceeding under the Act. The bill also requires all public entities to post the notice of a private entity's request for the approval of a qualifying project on the Commonwealth's eletronic procurement websit.

SUMMARY AS PASSED:

Public-Private Education Facilities and Infrastructure Act of 2002. Amends the Public-Private Education Facilities and Infrastructure Act of 2002 by requiring local public entities to have independent design professionals or other professionals to provide independent analysis of the project prior to proceeding under the Act.

SUMMARY AS INTRODUCED:

Public-Private Education Facilities and Infrastructure Act of 2002. Amends the Public-Private Education Facilities and Infrastructure Act of 2002 by requiring a private entity to submit a letter from its surety evidencing the entity's ability to bond the construction components of the project. The bill requires only local public entities to have independent design or other professions to provide independent analysis of the project proceeding under the Act to have the comprehensive agreement approved by the Design/Build Construction Management Review Board and analyzed by the Auditor of Public Accounts prior to final approval. The bill also requires the local governing body to hold a public hearing regarding the nature, costs and other facts relating to the project.