The provisions of the Virginia Public Procurement Act (§ 2.2-4300 et seq.) and the Virginia Personnel Act (§ 2.2-2900 et seq.) shall not apply to the Corporation.
Exemptions from personnel and procurement procedures
Va. Code Ann. § 2.2-2743, under Chapter 27. Foundations and Other Collegial Bodies..
Va. Code Ann. § 2.2-2743