Virginia Public Procurement Act; revision of procurement procedures.

Virginia Public Procurement Act; moderate-risk contracts; federal General Services Administration programs. Provides that all public bodies shall report to the Department of General Services on programs offered through the federal General Services Administration for all contracts with anticipated costs of over $250,000. The Department is required by the bill to review the report by the public body find whether the public body either correctly identified that programs are available or are not available or failed to identify programs which the public body should consider, and make such finding public record. The bill requires the Department to notify the public body of any programs that may lead to savings for the Commonwealth related to the procurement within 30 days of receipt of the report.