Monthly Archives: December 2021
Construction Bid Protests In Florida: Quick Facts For Contractors
When it comes to Florida construction projects between a government body and a private contractor, the law is clear that fairness depends upon open competition. In enacting the statute on public procurement, lawmakers expressed their intent that allowing a bidding process for these projects reduces the potential for perceived favoritism. It is only when… Read More »
Retainage In Florida Construction Projects: Answers To FAQs
By its nature, the lifecycle of a typical Florida construction project spans weeks, months, or years. During this time, contractors and property owners alike take on a certain amount of risk based upon their respective interests. The concept of “retainage,” i.e., withhold funds from the contractor, arose as a way to balance the interests… Read More »