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2016 SESSION

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HB 1373 Virginia Public Procurement Act; design-build contracts, purchase of intellectual property.

Introduced by: Glenn R. Davis | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Public Procurement Act; design-build contracts; purchase of intellectual property of proposers by local public bodies. Allows local public bodies to purchase the intellectual property or other work product of a proposer, provided that (i) the local public body makes a determination in advance and set forth in writing that it will be advantageous to purchase the intellectual property of an unsuccessful proposer, (ii) prequalification is limited to five contractors, and (iii) the Request for Proposal includes a notice that the local public body may acquire the intellectual property rights of an unsuccessful proposer.


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