(1) The surety company is licensed to do business in the State of Florida;
(2) The surety company holds a certificate of authority authorizing it to write surety bonds in this state;
(3) The surety company has twice the minimum surplus and capital required by the Florida Insurance Code at the time the invitation to bid is issued;
(4) The surety company is otherwise in compliance with the provisions of the Florida Insurance Code; and
(5) The surety company holds a currently valid certificate of authority issued by the United States Department of the Treasury under 31 U.S.C. ss. 9304-9308.
History.—s. 29, ch. 85-104; s. 10, ch. 91-162.
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.