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What's New: Advocacy

SFAA Supports Establishing Statute of Limitations in Virginia

Wednesday, October 2, 2019  

SFAA Supports Establishing Statute of Limitations in Virginia

The Virginia Department of General Services (DGS) held several stakeholder information sessions this week for bonding and insurance companies, construction industry professionals, public owners and other relevant stakeholders to discuss a path toward clarifying the statute of limitations regulations for contractors doing public work in the state. During the session, SFAA provided the testimony highlighting the importance of passing legislation to clarify the statute of limitations and ensure sureties are able to underwrite and provide bonds for contractors, particularly small, minority-owned contractors, bidding on public contracts in Virginia. Currently, statute allows public owners to discover defects in construction at any point in time after construction is completed. Suggestions during the session included providing public owners more resources for inspections early during the construction process to ensure the job is completed well. Last year, a bill that would have limited the statute of limitations period to 5 years failed to advance.

Members should visit Advocacy / What's New for more information.

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