The state Bond Threshold for Florida is shown below. A version of this resource in chart form is available here.
Threshold
$100,000
$200,000 (local)
$250,000 (DOT)
Little Miller Act Citation
Fla. Stat. § 255.05*
Fla. Stat. § 337.18 (DOT)**
*The Secretary of Management Services may delegate to state agencies the authority to exempt any person entering into such a contract amounting to more than $100,000 but less than $200,000 from executing the payment and performance bond (Fla. Stat. § 255.05(d).)
**For a project for which the contract price is $250,000 or less, the department may waive the requirement for all or a portion of a surety bond if it determines the project is of a noncritical nature and nonperformance will not endanger public health, safety, or property.
For more information, contact Larry LeClair.
Waivers of Consequential Damages