(1) The purpose of this part is:
(a) To provide for prompt payments by local governmental entities and their institutions and agencies.
(b) To provide for interest payments on late payments made by local governmental entities and their institutions and agencies.
(c) To provide for a dispute resolution process for payment of obligations.
(2) It is the policy of this state that payment for all purchases by local governmental entities be made in a timely manner.
History.—s. 4, ch. 89-297.
Structure Florida Statutes
Title XIV - Taxation and Finance
Chapter 218 - Financial Matters Pertaining to Political Subdivisions
Part VII - Local Government Prompt Payment Act (Ss. 218.70-218.80)
218.73 - Timely payment for nonconstruction services.
218.735 - Timely payment for purchases of construction services.
218.74 - Procedures for calculation of payment due dates.
218.76 - Improper payment request or invoice; resolution of disputes.
218.77 - Payment by federal funds.