Florida Senate - 2008 (NP) SB 1734

By Senators Joyner, Crist and Storms

18-02654-08 20081734__

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A bill to be entitled

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An act relating to Hillsborough County; amending chapter

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2004-414, Laws of Florida, relating to projects for which

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payment and performance bonds may be waived for the

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construction of a public building, for the prosecution and

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completion of a public work, or for repairs on a public

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building under certain circumstances; increasing the

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number of such projects on which a small business may

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successfully bid before becoming ineligible for certain

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additional bidding; extending the sunset date of chapter

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2004-414, Laws of Florida; providing an effective date.

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Be It Enacted by the Legislature of the State of Florida:

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     Section 1.  Sections 5 and 7 of chapter 2004-414, Laws of

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Florida, are amended to read:

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     Section 5.  A small business that has been the successful

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bidder on five three projects where the payment and performance

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bond were waived pursuant to section 1 shall be ineligible to bid

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on additional projects where the payment and performance bond has

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been waived on projects with an estimated value of not less than

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$200,000 and not exceeding $500,000. The local small business may

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continue to participate in other elements of the economic

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development program for local small business so long as otherwise

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eligible.

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     Section 7.  This act shall stand repealed on September 30,

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2011 2009.

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     Section 2.  This act shall take effect upon becoming a law.

CODING: Words stricken are deletions; words underlined are additions.