n. Limits on Contracts Exceeding $25,000 and Term more than 1 Year. In the event this

City Commission Regular Meeting · 2026-06-01 · agenda_item

This agenda item concerns limits on contracts that exceed $25,000 and last longer than one year. It incorporates Florida Statutes Section 339.135(6)(a), which states that the Department cannot spend money, incur liability, or enter into contracts exceeding available budgeted funds for the fiscal year. Any contract made against these rules is void. The Department must get a statement from the comptroller confirming funds are available before entering into such contracts. This item is currently under review as part of a City Commission meeting. While no specific project is detailed, this policy review could impact future city contracts for services or goods over $25,000 with terms exceeding one year. Contractors, suppliers, and service providers interested in future city work should monitor these policy discussions. Understanding these financial and term limits early can help businesses prepare for upcoming contract opportunities.

contract amount threshold

25000 $

contract term threshold

1 year