Code of Virginia - Title 2.2 Administration Of Government - Section 2.2-1404.1 Use of vendors identified by public institutions of higher education as small, women-, and minority...

§ 2.2-1404.1. Use of vendors identified by public institutions of higher education as small, women-, and minority...

For purposes of compliance with § 2.2-4310, a public institution of higher education that meets the conditions prescribed in subsection B of § 23-38.88 may procure goods, services, and construction from vendors identified by such public institutions of higher education as small, women-, and minority-owned business enterprises that the institution has certified as such based on criteria approved by the Department. An institution exercising the authority granted by this section shall establish and follow internal procedures and processes designed to verify whether or not a vendor qualifies to be certified as a small, women-, and minority-owned business enterprise under the Department approved criteria and the certification requirements. The institution shall notify the Department promptly of the certification, and shall provide the Department with a copy of its written certification identifying the vendor as a small, women-, and minority-owned business enterprise and all application materials submitted by the vendor to the institution. Such certification shall remain in effect unless and until the Department notifies the institution that the vendor does not meet the certification requirements.

An institution exercising authority granted under this section shall promptly make available to the Department, upon request, copies of its procurement records, receipts, and transactions in regard to procurement from small, women-, and minority-owned business enterprises in order for the Department to ensure institution compliance with its approved criteria and the certification requirements.

(2005, cc. 933, 945.)

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Last modified: April 16, 2009