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Current as of January 01, 2025 | Updated by Findlaw Staff
A. As used in this section:
“Contract” means an agreement for the provision of construction services under which the contractor will be required to have and maintain a policy of insurance as defined in § 38.2-119.
“Experience modification factor” means a value assigned to an employer as determined by a rate service organization in accordance with its uniform experience rating plan required to be filed pursuant to subsection D of § 38.2-1913.
“Offer to contract” means a solicitation of bids, Request for Proposals, or similar invitation to enter into a contract that is extended to potential contractors for construction services.
“Person” means any individual; firm; cooperative; association; corporation; limited liability company; trust; business trust; syndicate; partnership; limited liability partnership; joint venture; receiver; trustee in bankruptcy; club, society, or other group or combination acting as a unit; or public body, including but not limited to (i) the Commonwealth; (ii) any other state; and (iii) any agency, department, institution, political subdivision, or instrumentality of the Commonwealth or any other state.
B. A term of an offer to contract issued that requires that the successful bidder have a specified experience modification factor is prohibited.
C. Any contract or offer to contract that requires the contractor or bidder responding to the offer to contract to have a specified experience modification factor is prohibited.
Cite this article: FindLaw.com - Virginia Code Title 11. Contracts § 11-9.8. Construction of certain terms of offer to contract; use of experience modification factor prohibited - last updated January 01, 2025 | https://codes.findlaw.com/va/title-11-contracts/va-code-sect-11-9-8/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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