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2015 SESSION

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HB 2248 Virginia Public Procurement Act; purchase of owner-controlled insurance for construction project.

Introduced by: Barry D. Knight | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Public Procurement Act; purchase of owner-controlled insurance for construction project. Reduces the value of a public construction contract for which a public body may purchase owner-controlled insurance from $100 million to $10 million for multiple contracts and from $50 million to $5 million for a single contract.


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