US EditionCompetitive Bidding… A Primer for Board Members and Managers | Florida Condo & HOA Law Blog
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Competitive Bidding… A Primer for Board Members and Managers | Florida Condo & HOA Law Blog
Certain contracts entered into by condominium, cooperative and homeowners’ associations require competitive bidding. These requirements are found in Section 718.3026 of Florida’s Condominium Act, Section 719.3026 of Florida’s Cooperative Act, and Section 720.3055 of Florida’s Homeowners’ Association Act (collectively the “Acts”). All three Acts require an association to obtain competitive bidding for any contract for the purchase, lease, or rent…
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