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.