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FL S0964
Bill
Status
2/10/2011
Primary Sponsor
Stephen Wise
Click for details
AI Summary
SB 964 - Construction Liens and Bonds Summary
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Contractors must record payment and performance bonds in official records within the county where improvement occurs; bond number must appear on the bond's front page.
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Building permit inspection cannot proceed until the issuer receives a copy of the recorded bond, a notarized exemption statement, or the signed general statement of owner's rights and responsibilities (for residential projects).
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Contractors must serve a notice of contest of claim against payment bonds on claimants; public authorities cannot withhold payments to contractors who have provided a recorded bond.
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Contractors must provide owners with a detailed general statement of owner's rights and responsibilities under Florida's Construction Lien Law, which must be signed and filed with the building permit application.
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Notice of nonpayment must now be a sworn statement and include specific information about labor, services, materials furnished, amounts paid/due, and retainage; payment bond requirements waived for state contracts of $100,000 or less.
Legislative Description
Construction Liens and Bonds
Last Action
Indefinitely postponed and withdrawn from consideration
5/7/2011