This is more-or-less question (3) on page 170 of Quillen's "Projective Modules over Polynomial Rings" (link):
Let $A$ be a regular Noetherian ring and let $f \in A$ be an element of $A$ such that $A/(f)A$ is a regular ring. Let $N$ be a finitely generated projective $A[f^{-1}]$-module. Does there necessarily exist a finitely generated projective $A$-module $M$ such that $M \otimes_{A} A[f^{-1}] \simeq N$ as $A[f^{-1}]$-modules?
Keywords: vector bundle, complement, divisor, smooth