This checklist ensures homeowners gather all required documentation before submitting a claim to the Florida Homeowners’ Construction Recovery Fund. 1. Eligibility Confirmation [ ] Final judgment, arbitration award, or CILB restitution order based on contractor misconduct under Fla. Stat. §489.129(1)(g), (j), or (k). [ ] Contractor held a valid license […]
For Florida small and mid-sized businesses (SMBs), timely and complete payment is essential to maintaining operations and growth. While non-payment of invoices can certainly disrupt cash flow, it is often unclear or incomplete invoices and vague payment terms that lead to costly legal disputes. This blog explores how vague invoicing […]
The Florida Homeowners’ Construction Recovery Fund (“Recovery Fund”) is established pursuant to ss. 489.140–489.144, F.S., and provides a final chance at recovery for Florida Homeowners incurring losses from the misconduct by Florida licensed Division 1 or 2 contractors. The Recovery Fund is administered by the Florida Construction Industry Licensing Board […]
The Florida Homeowners Construction Recovery Fund is a powerful tool for homeowners who have been wronged by a licensed contractor. The “Recovery Fund”, as it is commonly called, is established under section 489.140, Florida Statutes. It is intended solely to compensate aggrieved claimants who contracted for construction or improvement of […]
Many homeowners in Florida have encountered significant challenges when engaging contractors, including unmet expectations, missed deadlines, and contractual disputes. As the state’s population continues to grow and development accelerates, issues within the construction industry have become increasingly prevalent. They are not alone as the state has seen a significant increase […]
The Florida Homeowners’ Construction Recovery Fund (known as the “Fund”) is a statutory remedy for homeowners who suffer financial losses due to the misconduct of licensed contractors. The Fund serves as a last resort for homeowners and is only an option for those homeowners who have done the work to […]
The Florida Homeowners’ Construction Recovery Fund is a powerful tool for homeowners who have been wronged by a licensed contractor. The “Recovery Fund” or “the Fund,” as it’s often known, helps homeowners who have been harmed by a licensed contractor. Created under section 489.140 of the Florida Statutes, the Fund […]
The Florida Department of Business and Professional Regulation (DBPR) serves as the primary regulatory agency for professional licenses in Florida. The licensing system is designed to establish minimum standards that protect consumers when they engage in business with regulated professionals. DBPR oversees more than 30 professions and industries, and for […]
Participating in Florida’s government procurement process can be both an opportunity and a challenge. Agencies are required to follow strict statutory and procedural rules to ensure that contracts are awarded fairly. But when those safeguards are overlooked or misapplied, contractors and vendors have the right to challenge the decision through […]
Learn how SB 346, a new law signed by Governor DeSantis, changes the prompt payment and retainage requirements for public construction projects in Florida as of July 1, 2023.