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2010 SESSION

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HB 831 Public Procurement Act; foreign & domestic businesses authorized to transact business in State.

Introduced by: Scott A. Surovell | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Virginia Public Procurement Act; foreign business entities.  Requires all public bodies to include in every written contract a provision that the contractor must be authorized to transact business in Virginia as a domestic or foreign business entity as required by the State Corporation Commission, if such is required by law. Such status shall be maintained during the term of a contract. A contract entered into by a business in violation of the requirements is voidable at the option of the public body.


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