FL H1311

Defines "small business" as a business concern with a workforce of 100 or fewer permanent full-time positions (changed from 200) with net worth not exceeding $5 million, and requires domiciliation in Florida for at least 3 years to qualify for state procurement preferences.

Requires state agencies to allow small businesses to bid on portions of bundled contracts, award separate contracts for those portions, and provide preference to small business bids within 10 percent of the lowest responsive bid.

Mandates agencies award at least 25 percent of total contract dollars annually to small businesses either directly or as subcontractors, with contracts requiring vendors to use small businesses for at least 10 percent of gross contract amounts.

Requires agencies to conduct market research before issuing bundled contract solicitations and include written justification for any contract bundling in the procurement documents.

Eliminates bonding requirements for contracts not exceeding $500,000 and establishes reporting requirements for the Florida Small Business Advocate to track small business participation in state contracting.