A subcontractor as defined in § 43-1, lower-tier subcontractor, or material supplier may not waive or diminish his right to assert payment bond claims or his right to assert claims for demonstrated additional costs in a contract in advance of furnishing any labor, services, or materials. A provision that waives or diminishes a subcontractor's, lower-tier subcontractor's, or material supplier's right to assert payment bond claims or his right to assert claims for demonstrated additional costs in a contract executed prior to providing any labor, services, or materials is null and void.
2015, c. 748.
Structure Code of Virginia
Chapter 1 - General Provisions
§ 11-2. When written evidence required to maintain action
§ 11-2.01. Promise after bankruptcy must be in writing
§ 11-2.2. Unsolicited goods deemed gift to recipient
§ 11-2.4. Notice of possible filing of mechanics' lien required
§ 11-3. Sealed writings; writings not purporting to be sealed
§ 11-4. Sizes of type in printed contracts
§ 11-4.1. Certain indemnification provisions in construction contracts declared void
§ 11-4.1:1. Waiver of payment bond claims and contract claims; construction contracts
§ 11-4.3. When acceleration of payment or repossession of consumer goods not allowed
§ 11-4.5. Certain indemnification provisions in motor carrier transportation contracts declared void
§ 11-4.6. (Effective January 1, 2023) Liability of contractor for wages of subcontractor's employees
§ 11-7.1. Certain entities' authority to extend performance agreements