2012 Florida Statutes
TITLE XIV — TAXATION AND FINANCE
Chapter 218 — FINANCIAL MATTERS PERTAINING TO POLITICAL SUBDIVISIONS
PART VII — LOCAL GOVERNMENT PROMPT PAYMENT ACT
218.77 — Payment by federal funds.


FL Stat § 218.77 (2012 through 2nd Reg Sess) What's This?

218.77 Payment by federal funds.—A local governmental entity which intends to pay for a purchase with federal funds shall not make such purchase without reasonable assurance that federal funds to cover the cost thereof will be received. Where payment or the time of payment is contingent on receipt of federal funds or federal approval, any contract and any solicitation to bid shall clearly state such contingency.

History.—s. 4, ch. 89-297.

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