Virginia Public Procurement Act; job order contracting, limitations.

Virginia Public Procurement Act; job order contracting; limitations. Increases from $6 million to $15 million the maximum threshold above which the sum of all jobs performed in a one-year job order contract term shall not exceed. The bill also increases the maximum threshold amount for any individual job order from $500,000 to $1.5 million. Finally, the bill increases from two to four the number of additional one-year terms for which job order contracts may be renewable, and the bill only applies to contracts entered into on or after the bill's effective date.