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Fla. Stat. § 255.075 (2025)

Mandatory interest.

✓ 2025 Florida Statutes — current through the 2025 Regular Session
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255.075 Mandatory interest.—A contract between a public entity and a contractor may not prohibit the collection of late payment interest charges authorized under s. 255.073(4).
History.—s. 9, ch. 2005-230; s. 9, ch. 2021-124.
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× “” § 255.075, Fla. Stat. (2012- 2014). The Local Government Prompt Payment Act contains a substantially similar provision.”
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