Owner to Prime Contractor (Private): N/A
Prime Contractor to Subcontractor (Private): Unless otherwise agreed upon by contract, 30 days after receipt of payment from the owner.
Interest/Penalties (Private): Interest at the rate specified in the contract or the rate specified in Fla. Stat. § 55.03, whichever is higher.
Owner to Prime Contractor (Public): 10 days after invoice is approved by the agency. Invoices must be approved no later than 20 days after receipt.
Prime Contractor to Subcontractor (Public): 10 days after receipt of payment from owner.
Interest/Penalties (Public): Interest at a rate of 1% per month. Attorneys’ fees and court costs will be awarded if payment was unreasonably withheld.
Pay-If-Paid Permissible: Yes.
Disclaimer: This information was published on July 1, 2020. Please contact Josh Levy, Eric Meier or Samantha Schacht for modifications made by Florida since that date. Visit our 50-State Construction Law Map for information on other states.