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2020 SESSION
SB 607 Virginia Public Procurement Act; statute of limitations on actions on construction contracts.
Introduced by: Thomas K. Norment, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS PASSED SENATE: (all summaries)
Virginia Public Procurement Act; statute of limitations on performance bonds; statute of limitations on construction contracts and architectural and engineering contracts. Provides that an action against the surety on a performance bond shall be brought within five years after the completion of the contract. The bill further provides that the statute of limitations on construction contracts and architectural and engineering contracts is 15 years after completion of the contract. The bill specifies that completion of the contract is the final payment to the contractor pursuant to the terms of the contract, but that if a final certificate of occupancy or written final acceptance of the project is issued prior to final payment, the period to bring an action shall commence no later than 12 months from the date of the certificate of occupancy or written final acceptance of the project. This bill incorporates SB 195 and is identical to HB 1300.
FULL TEXT
- 01/07/20 Senate: Prefiled and ordered printed; offered 01/08/20 20102689D pdf | impact statement
- 02/05/20 Senate: Committee substitute printed 20105828D-S1 pdf | impact statement
- 03/02/20 Senate: Bill text as passed Senate and House (SB607ER) pdf | impact statement
- 03/27/20 Governor: Acts of Assembly Chapter text (CHAP0497) pdf
HISTORY
- 01/07/20 Senate: Prefiled and ordered printed; offered 01/08/20 20102689D
- 01/07/20 Senate: Referred to Committee on General Laws and Technology
- 01/15/20 Senate: Rereferred from General Laws and Technology (14-Y 0-N)
- 01/15/20 Senate: Rereferred to Judiciary
- 02/05/20 Senate: Reported from Judiciary with substitute (13-Y 0-N)
- 02/05/20 Senate: Incorporates SB195 (Cosgrove)
- 02/05/20 Senate: Committee substitute printed 20105828D-S1
- 02/07/20 Senate: Constitutional reading dispensed (37-Y 0-N)
- 02/10/20 Senate: Read second time
- 02/10/20 Senate: Reading of substitute waived
- 02/10/20 Senate: Committee substitute agreed to 20105828D-S1
- 02/10/20 Senate: Engrossed by Senate - committee substitute SB607S1
- 02/10/20 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/10/20 Senate: Passed Senate (39-Y 0-N)
- 02/13/20 House: Placed on Calendar
- 02/13/20 House: Read first time
- 02/13/20 House: Referred to Committee on General Laws
- 02/18/20 House: Referred from General Laws by voice vote
- 02/18/20 House: Referred to Committee for Courts of Justice
- 02/19/20 House: Reported from Courts of Justice (22-Y 0-N)
- 02/21/20 House: Read second time
- 02/24/20 House: Passed by for the day
- 02/25/20 House: Read third time
- 02/25/20 House: Passed House (100-Y 0-N)
- 02/25/20 House: VOTE: Passage (100-Y 0-N)
- 03/02/20 Senate: Enrolled
- 03/02/20 Senate: Bill text as passed Senate and House (SB607ER)
- 03/02/20 House: Signed by Speaker
- 03/03/20 Senate: Signed by President
- 03/12/20 Senate: Enrolled Bill Communicated to Governor on March 12, 2020
- 03/12/20 Governor: Governor's Action Deadline 11:59 p.m., April 11, 2020
- 03/27/20 Governor: Approved by Governor-Chapter 497 (effective 7/1/20)
- 03/27/20 Governor: Acts of Assembly Chapter text (CHAP0497)