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2009 SESSION

093511272
SENATE BILL NO. 900
Offered January 14, 2009
Prefiled December 31, 2008
A BILL to amend the Code of Virginia by adding in Article 15 of Chapter 1 of Title 33.1 a section numbered 33.1-223.2:21, relating to contractor performance bonds for locally administered transportation improvement projects.
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Patron-- McDougle
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Referred to Committee on Transportation
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Be it enacted by the General Assembly of Virginia:

1.  That the Code of Virginia is amended by adding in Article 15 of Chapter 1 of Title 33.1 a section numbered 33.1-223.2:21 as follows:

§ 33.1-223.2:21. Contractor performance bonds for locally administered transportation improvement projects.

Whenever any county, city, or town undertakes administration of a transportation improvement project and obtains, in connection therewith, contractor performance bonds that include the Virginia Department of Transportation as an additional insured, the amount of such bonds shall be no greater than would have been required had the Department not been included as an additional insured.