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.
Fla. Stat. § 218.77
Payment by federal funds
Known as the Local Government Prompt Payment Act
The act spans §§ 218.70 to 218.79 (12 sections).
History.--s. 4, ch. 89-297.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.