Virginia

  • Project Labor Agreements

    Adopted ABC model government-neutrality bill.

  • Prevailing Wage

    No.

  • Right to Work

    Yes.

  • Public-Private Partnerships

    Statute authorizes the use of P3s on horizontals and vertical construction projects, and allows for unsolicited bids.

  • Workforce Development Incentives

    Small Business New Jobs Program – Supports Virginia companies that have 250 employees or less company-wide by providing services and funding to small businesses to offset the cost of recruiting and training new workers. The business must create a minimum of five net, new jobs within 12 months from the date of first hire and make a new capital investment of at least $100,000.

    Workforce Retraining Program – Provides services and funding to assist in upgrading the skills of existing workers. To be
    eligible, a company must demonstrate it is undergoing an integration of new technology in its production
    processes, changing product lines in keeping with marketplace demands, or substantially changing service delivery processes
    requiring an assimilation of new skills and technological capabilities. Companies that have over 250 employees company-wide
    must have a minimum of 10 full-time employees needing to be retrained, and a new capital investment of at least $500,000 is
    required as the catalyst for the project. Companies that have 250 employees or fewer company-wide must have a minimum of
    five employees needing to be retrained and a capital investment of at least $50,000.

    Registered Apprenticeship Related Instruction Incentive Program – Partially reimburses eligible sponsors and employers for certain costs of related instruction. The program is administered by the Virginia Department of Labor and Industry’s (DOLI) Registered Apprenticeship Division. DOLI may reimburse the sponsor/employer, up to a maximum of $1,000 annually, per apprentice, for a maximum of 10 apprentices per sponsor. Reimbursement is not guaranteed and is subject to available funding on a first-come, first-serve annual basis after successful completion of coursework.

  • Career and Technical Education

    96% of CTE high school graduates are placed in colleges or careers.

    Virginia does recognize NCCER as an approved curriculum for CTE programs.

  • 5-Year Average Job Growth Rate (2011-16)

    0.8%.

Monthly Unemployment Rate in Virginia

Industry Overview

Prompt Pay

Private: No law in place.
Public: For state agencies, payment must be made 30 days after invoice or receipt of services, whichever is later. For localities, payment must be made 45 days after receipt invoice or receipt of services, whichever is later.
Subs:
– Private: No law in place.
– Public: Payment must be made from prime to sub and sub to lower tiers 7 days after payment.

Immigration/E-Verify Mandate

All state agencies and state contractors with at least 50 employees and a contract worth at least $50,000 must use E-Verify.

Percentage of State GDP From Nonresidential Construction

4.0%

Incidence Rate in Construction (2013)

2.9

Occupational Safety & Health Oversight (State vs. Federal)

State plan covers private workplaces and state and local workplaces.

Percentage of Union Membership in Private Construction

5.5%

Marijuana Legalization Status

Legalized for medicinal use.

Business Facts

Minimum Wage (2016)

7.25

Percentage of Pensions Funded

72%

Effective Real-Estate Tax Rate

0.99%

Corporate Income Tax Rate(s)

6%

Capital Spending % As Share of Total State Spending (2013)

6.4%