CODE OF VIRGINIA

FIXED-PRICE OR NOT-TO-EXCEED-PRICE DESIGN-BUILD AND CONSTRUCTION MANAGEMENT
CONTRACTS FOR JUVENILE CORRECTIONAL FACILITIES AUTHORIZED (§ 2.2-4307)

Notwithstanding the provisions of § 2.2-4306, but subject to the procedures
adopted by the Secretary of Administration to implement the provisions of that
section, the Commonwealth may enter into contracts for juvenile correctional
facilities on a fixed-price or not-to-exceed-price design-build basis or
construction management basis, including related leases, lease/purchase
contracts, agreements relating to the sale of securities to finance such
facilities, and similar financing agreements.

HISTORY: 1996, cc. 795, 942, § 11-41.2:02; 2001, c. 844.