Florida Statutes

Fla. Stat. § 218.75 (2025)

Mandatory interest.

✓ 2025 Florida Statutes — current through the 2025 Regular Session

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218.75 Mandatory interest.—No contract between a local governmental entity and a vendor or a provider of construction services shall prohibit the collection of late payment interest charges allowable under this part.

History.—s. 4, ch. 89-297; s. 5, ch. 2001-169.

Notes of Decisions

Cited in 1 case (1 in the last 5 years), 2022–2022 · leading case: Constr. Consulting, Inc. v. The Dist. Bd. of Trs. of Broward Coll. (Fla. 4th DCA 2022).

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Constr. Consulting, Inc. v. The Dist. Bd. of Trs. of Broward Coll. (Fla. 4th DCA 2022). · cites it 2× “See § 218.75, Fla. Stat. (2012-2014). It is unnecessary for us to decide whether either statute applies to the College’s contracts because neither prohibits the waiver of an interest claim as part of a settlement or an accord and satisfaction.”

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