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2011 Session

Budget Amendments - HB1500 (Member Request)

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Chief Patron: Surovell
Level II and III Institutions to Comply with HB831 of 2010 (language only)

Item 4-9.02 #1h

Item 4-9.02 #1h

Higher Education Restructuring
Assessment of Institutional Performance

Language
Page 518, after line 11, insert:
"The institution shall include in every written contract that the contractor shall be authorized to transact business in the Commonwealth as a domestic or foreign business entity as required by the State Corporation Commission in Title 13.1 or Title 50 of the Code of Virginia or as otherwise required by law.  Pursuant to competitive sealed bidding or competitive negotiation, the institution shall include in the solicitation a provision that requires a domestic or foreign business entity to include in their bid or proposal the SCC ID number as required by the State Corporation Commission or provide a statement that the entity is not required to register with the State Corporation Commission."
Page 519, line 6, strike "and".
Page 519, line 8, after "eVa", strike "." and insert "; and".
Page 519, after line 8, insert:
"c) The institution shall include in every written contract that the contractor shall be authorized to transact business in the Commonwealth as a domestic or foreign business entity as required by the State Corporation Commission in Title 13.1 or Title 50 of the Code of Virginia or as otherwise required by law.  Pursuant to competitive sealed bidding or competitive negotiation, the institution shall include in the solicitation a provision that requires a domestic or foreign business entity to include in their bid or proposal the SCC ID number as required by the State Corporation Commission or provide a statement that the entity is not required to register with the State Corporation Commission."


Explanation
(This amendment will require that institutions operating under Level II and Level III Memorandums of Understanding to require contractors who are foreign corporation to qualify with the State Corporation Commission consistent with § 2.2-4303.1 adopted in the 2010 Session in House Bill 831.)