Virginia § 66-25.7 - Fixed-price or not-to-exceed-price design-build-operate and related contracts authorized
Full text of Virginia Code of Virginia § 66-25.7 — Fixed-price or not-to-exceed-price design-build-operate and related contracts authorized, with citation guidance and answers to common questions.
§ 66-25.7. Fixed-price or not-to-exceed-price design-build-operate and related contracts authorized
Notwithstanding any other provisions of law to the contrary, but in accordance with the procedures consistent with those described in the Virginia Public Procurement Act (§ 2.2-4300 et seq.) for procurement of nonprofessional services through competitive negotiation, the Director may enter into design-build-operate contracts for juvenile correctional facilities on a fixed-price or not-to-exceed-price basis, including related leases, lease/purchase contracts, agreements relating to the sale of securities to finance such facilities, and similar financing agreements and agreements for correctional services. For the purposes of this section, "design-build-operate contract" means a contract between the Commonwealth and another party in which the party contracting with the Commonwealth agrees to (i) design, build and operate the juvenile correctional facility or (ii) design and build the juvenile correctional facility where the facility is to be operated by a third party.
The Director shall maintain adequate records to allow post-project evaluation.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 66-25.7
What does Code of Virginia § 66-25.7 cover?
Section 66-25.7 ("Fixed-price or not-to-exceed-price design-build-operate and related contracts authorized") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 66-25.7?
A common citation format is "Code of Virginia § 66-25.7" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 66-25.7 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.