01/19/2011
I was at a trade association meeting today and the possible bond threshold increase legislation discussed in my earlier blog came up. Another aspect to increasing the threshold we discussed was that in addition to the payment bond implications I discussed in the earlier blog that there is also a performance bond aspect. That is… Read more »
01/18/2011
HB 1727 has been filed mandate the Federal “E-Verify” program to Virginia public procurements, and broadly expands the program to anyone seeking a publicly issued permit or license and having over 15 employees. Click Here to view the proposed legislation. This should be of interest to everyone involved or intending to become involved in public contracting… Read more »
01/17/2011
Two new bills have been filed in the current session of the Virginia General Assembly dealing with public project bonds; House Bill 1951 and Senate Bill 1126. HB 1951 proposes to raise the threshold for non-transportation related project bonds from $100,000 to $1 Million. SB 1126 proposes to raise the threshold on transportation-related projects from… Read more »
01/10/2011
In October of 2010 the SBA issued amended regulations that may finally put into place the Women-Owned Small Business (WOSB) program established under Section 8(m) of the Small Business Reauthorization Act of 2000. Absent change, the Final Rule for this program will be effective February 4, 2011, and the SBA is in the process of… Read more »
01/05/2011
Both federal and Virginia bond claim limitations periods to file suit for a bond claim that tie to the last day work or materials were furnished (both statutes have a one year limit). But the actual last day work or materials were furnished is not necessarily the last day for purposes of that one year… Read more »
