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FL H0379
Bill
Status
Passed
6/17/2024
Primary Sponsor
Transportation & Modals Subcommittee
Click for details
AI Summary
- Exempts from public records requirements any financial statements or other financial information that a prospective bidder submits to an agency to prequalify for bidding or respond to a solicitation for road or other public works projects
- Expands an existing exemption for financial statements to also cover "other financial information" necessary to verify a prospective bidder's financial adequacy
- Subject to the Open Government Sunset Review Act and automatically repeals on October 2, 2029, unless reenacted by the Legislature
- Justified by the Legislature as preventing competitors from gaining unfair advantages and avoiding a chilling effect on bidder participation that could reduce the pool of qualified bidders and negatively impact project value
- Effective July 1, 2024, amending section 119.071, Florida Statutes
Legislative Description
Pub. Rec./Financial Information Regarding Competitive Bidding
Last Action
Chapter No. 2024-236
6/17/2024
Committee Referrals
Infrastructure Strategies Committee1/24/2024
Ethics, Elections & Open Government Subcommittee1/16/2024
Transportation & Modals Subcommittee11/22/2023
Full Bill Text
No bill text available