The Florida Senate

233.15  Deposit by publisher or manufacturer of instructional materials must accompany bid.--The Department of Education shall require each publisher or manufacturer of instructional materials who submits a bid or proposal under the provisions of this chapter to deposit with the department such sum of money or certified check as may be determined by the department, the amount to be not less than $500 and not more than $2,500, according to the number of instructional materials covered by the proposal; which deposit shall be forfeited to the state and placed in the General Revenue Fund if the bidder making the deposit shall fail or refuse to execute the contract and bond within 30 days of receipt of such contract in case his or her bid or proposal is accepted. The Commissioner of Education shall, upon determining that the deposit is correct and proper, transmit the deposit to the Treasurer, who shall deposit such funds for credit to the Textbook Bid Trust Fund and issue his or her official receipt covering the same.

History.--s. 715, ch. 19355, 1939; CGL 1940 Supp. 892(227); s. 1, ch. 63-55; ss. 15, 35, ch. 69-106; s. 21, ch. 73-338; s. 3, ch. 80-125; s. 1, ch. 82-46; s. 2, ch. 83-265; s. 6, ch. 84-94; ss. 15, 16, ch. 91-182; s. 5, ch. 91-429; s. 1291, ch. 95-147.