Provisions for Prompt Settlement or Legal Defense of Claims and Disqualification for Failure to Settle Claims
- Rule No.: RULE TITLE
14-24.001: Provisions for Prompt Settlement or Legal Defense of Claims and Disqualification for Failure to Settle ClaimsNOTICE OF CORRECTIONNotice is hereby given that the following correction has been made to the proposed rule in Vol. 36 No. 25, June 25, 2010 issue of the Florida Administrative Weekly.FDOT Form 700-050-21, incorporated into Rule 14-24.001, F.A.C., is being corrected to add the rule number onto the form, and correct the statute number cited.
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(1)Within 90 days of the Departments offer of final payment, the surety company shall provide to the DepartmentFailure on the part of the surety to furnish an affidavitto the effect thattheserequirements have been met ona Contractors Affidavit and Surety Consent (Form 21-A), FDOTFlorida Department of TransportationForm 700-050-21, Rev. 12/0908/04,which isincorporated by reference herein under Rule 14-79.006., to the Department within 90 days of the Departments offer of final paymentFailure to comply shall constitute grounds for disqualification. Preliminary notice of disqualification will be furnished to the surety company at least 2130days prior to disqualification. Qualification will be reinstated upon the Departments receiptby the Departmentof the properly executedFormContractors Affidavit and Surety Consent (Form 21-A).Document Information