HB2741: Va. Public Procurement Act; local public bodies to issue an invitation to bid for small purchases.
Legislative Summary
Virginia Public Procurement Act; local public bodies; bids for small purchases. Requires local public bodies to issue an invitation to bid for all goods and services over $500,000. The bill provides that a civil action may be brought in a court of competent jurisdiction to enforce any violation of such requirement and permits such court to impose a penalty of up to two times the amount of the total cost of the bid at issue.
Demographic Impact
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