IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

SMEs

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 16 Mar 2017 | Removal date: open ended
Still in force

Public procurement preference margin

On March 16, 2017 the governor of Virginia signed into law a bill (S1334) that creates a preference of 5% for a bid or proposal for a state purchasing contract by small businesses. The bill allows (but does not require) that the governor provide “a price preference over noncertified businesses competing for the same contract award on designated procurements, provided that the bid of the certified small business or the business in such subcategory of small businesses established as a part of an enhancement program does not exceed the low bid by more than five percent.” This amounts to a domestic preference, insofar as existing state law defines "small business" to mean “a business, independently owned and controlled by one or more individuals who are U.S. citizens or legal resident aliens, and together with affiliates, has 250 or fewer employees, or annual gross receipts of $10 million or less averaged over the previous three years.”

AFFECTED COUNTRIES

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