FL S0806

Requires local governments to use generally accepted cost-accounting principles when estimating construction project costs, including employee compensation and benefits, equipment costs and maintenance, insurance costs, and materials

Prohibits local governments from performing construction projects using their own services, employees, and equipment if the project would require hiring additional government employees or increasing capital expenditures

Mandates local governments that perform projects with their own workforce to disclose actual project costs after completion to the Auditor General, who must review these disclosures during routine audits

Applies the same comprehensive cost-accounting requirements to county road construction projects, including sidewalks, curbing, accessibility ramps, and bridge-related work

Maintains existing exemptions for emergency repairs, projects under $300,000 (or $75,000 for electrical work), and routine maintenance while strengthening transparency and cost documentation requirements