Mandatory interest

Fla. Stat. § 218.75, under Financial Matters Pertaining to Political Subdivisions.

Fla. Stat. § 218.75

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.