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2017 SESSION

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SB 1528 Virginia Public Procurement Act; small business and microbusiness procurement enhancement program.

Introduced by: Mamie E. Locke | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Public Procurement Act; small business and microbusiness procurement enhancement program. Codifies the Governor's Executive Order 20 (2014) establishing a statewide small business and microbusiness procurement enhancement program. The bill establishes a statewide goal of 42 percent of small and microbusiness utilization in all discretionary spending by state agencies in procurement orders, prime contracts, and subcontracts. In addition, the bill provides for (i) a set-aside for competition among all small businesses for state agency purchases up to $100,000 for goods and nonprofessional services and up $50,000 for professional services and (ii) a set-aside for competition among microbusinesses for purchases under $10,000.


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