Competitive Bid Requirements for Florida Condominium Associations (FL)

/ Owner - May 31, 2022

Many Florida condominiums are responding to new inspection and structural-integrity requirements from lenders and insurers by planning for projects to bolster and repair their aging towers. For such major construction projects, competitive bids are literally a must, as they are mandated by Florida law. However, for very small associations as well as for some other types of services and contracts, obtaining competing bids from multiple vendors is not required by state law.   Read the entire article……………………………….

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