CODING: Words stricken are deletions; words underlined are additions.
House Bill 1917




    Florida House of Representatives - 1997                HB 1917

        By Representative Cosgrove






  1                      A bill to be entitled

  2         An act relating to road construction; requiring

  3         road contractors to carry business interruption

  4         insurance to cover businesses that lose

  5         revenues because of delays in completion of a

  6         road construction contract; providing an

  7         effective date.

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

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11         Section 1.  Any person rendering professional road

12  construction services to the Department of Transportation or

13  any local governmental entity shall carry business

14  interruption insurance to compensate any business that loses

15  revenue because of delays in the completion of a road

16  construction contract. Payment for business losses under the

17  business interruption insurance may only be made when the

18  department or the local governmental entity finds the losses

19  to be excessive and unreasonable.

20         Section 2.  This act shall take effect October 1, 1997.

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23                          SENATE SUMMARY

24    Requires road contractors to carry business interruption
      insurance to cover businesses that lose revenues because
25    of excessive and unreasonable delays in completion of a
      road construction contract.
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