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FL S1872
Bill
AI Summary
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Creates Section 287.0577, Florida Statutes to define bundled contracts and small businesses in state contracting.
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Defines "bundled contract" as the consolidation of contracts for commodities or services (at least partially performable by small businesses) into a single contract unsuitable for award to a small business as prime contractor.
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Defines "small business" as an independently owned, for-profit entity domiciled in Florida for at least 3 years with 25 or fewer employees and average annual gross sales not exceeding $3 million (licensed contractors), $500,000 (sole proprietorships with professional licenses), or $1 million (other entities), with net worth not exceeding $5 million.
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Requires state agencies to accept as responsive a bid by a small business for a portion of a bundled contract.
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Takes effect July 1, 2012.
Legislative Description
Small Business Participation in State Contracting
Last Action
Died in Budget Subcommittee on General Government Appropriations
3/9/2012