(1) Any state or local government agency, or political subdivision thereof, issuing bonds or other tax-exempt obligations through one or more underwriters is encouraged to offer not less than 20 percent participation to minority firms.
(2) To meet such participation requirement, the minority firm must have full-time employees located in this state, must have a permanent place of business located in this state, and must be a firm which is at least 51-percent-owned by minority persons as defined in s. 288.703. However, for the purpose of bond underwriting only, the requirement that the minority person be a permanent resident of this state does not apply.
History.—s. 12, ch. 94-322; s. 126, ch. 2011-142.
Structure Florida Statutes
Chapter 287 - Procurement of Personal Property and Services
Part I - Commodities, Insurance, and Contractual Services (Ss. 287.001-287.137)
287.017 - Purchasing categories, threshold amounts.
287.022 - Purchase of insurance.
287.032 - Purpose of department.
287.042 - Powers, duties, and functions.
287.056 - Purchases from purchasing agreements and state term contracts; vendor disqualification.
287.057 - Procurement of commodities or contractual services.
287.05705 - Procurements of road, bridge, and other specified public construction services.
287.0571 - Business case to outsource; applicability.
287.0572 - Present-value methodology.
287.0575 - Coordination of contracted services.
287.05805 - Contract requirement for use of state funds to purchase or improve real property.
287.0582 - Contracts which require annual appropriation; contingency statement.
287.0585 - Late payments by contractors to subcontractors and suppliers; penalty.
287.059 - Private attorney services.
287.0591 - Information technology; vendor disqualification.
287.0595 - Pollution response action contracts; department rules.
287.063 - Deferred-payment commodity contracts; preaudit review.
287.064 - Consolidated financing of deferred-payment purchases.
287.0641 - Agreement not debt or pledge of faith or credit of state.
287.0731 - Team for contract negotiations.
287.074 - Prohibited actions by contractor personnel.
287.075 - Materially interested contractor; prohibition on certain activities.
287.082 - Commodities manufactured, grown, or produced in state given preference.
287.0821 - All American and Genuine Florida meat or meat products.
287.0822 - Beef and pork; prohibition on purchase; bid specifications; penalty.
287.083 - Purchase of commodities.
287.0831 - Limitation on purchases to replace damaged state agency equipment; assessment protocols.
287.0834 - Motor vehicles; energy-saving equipment and additives.
287.084 - Preference to Florida businesses.
287.087 - Preference to businesses with drug-free workplace programs.
287.092 - Preference to certain foreign manufacturers.
287.0931 - Minority business enterprises; participation in bond underwriting.
287.0935 - Surety bond insurers.
287.0943 - Certification of minority business enterprises.
287.09451 - Office of Supplier Diversity; powers, duties, and functions.
287.095 - Department of Corrections; prison industry programs.
287.131 - Assistance of Department of Financial Services.
287.132 - Legislative intent with respect to integrity of public contracting and purchasing process.
287.135 - Prohibition against contracting with scrutinized companies.
287.1351 - Suspended vendors; state contracts.