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.

Topic
Advocacy
Publish Date
November 7, 2024
Region
Florida
Audience
Agents, Contractors, Owners, Sureties
Resource Type
Resource Map, Survey of State Bond Thresholds