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Florida Statutes § 218.71 — Purpose and policy.

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From the Legislature's 2026 edition, which includes changes effective through January 1, 2027. Later effective dates are retained in each section's source notes.

2026 edition · Chapter 218 — FINANCIAL MATTERS PERTAINING TO POLITICAL SUBDIVISIONS

Part VII — LOCAL GOVERNMENT PROMPT PAYMENT ACT

(1) The purpose of this part is:
(a) To provide for prompt payments by local governmental entities and their institutions and agencies.
(b) To provide for interest payments on late payments made by local governmental entities and their institutions and agencies.
(c) To provide for a dispute resolution process for payment of obligations.
(2) It is the policy of this state that payment for all purchases by local governmental entities be made in a timely manner.

History

History.—s. 4, ch. 89-297.

Source captured on 2026-10-10. Read the official chapter.

Chapter 218 · Collection coverage

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