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South Florida State College
District Board of Trustees Policies

Policy: 1.15

Title: Bonds for District Board Members, College Employees, and Contractor

Legal Authority: Florida Statute 1001.64

Office of Primary Responsibility: Vice President for Administrative Services

Bonds for District Board members and college employees:

The college is authorized to pay, from college funds, the bonds required by Florida Statutes for District Board members and college employees.

  1. District Board members will be provided with a surety bond in the amount required for their position.
  2. College employees responsible for monies or property shall be bonded as appropriate.

Bonds for contractors:

  1. Construction and performance bonds:  At the time of the signing of a formal contract for college construction, contractors shall furnish bonds in accordance with Florida Building Code requirements.
  2. Equipment and service contract vendors may also be required to furnish performance bonds if it is deemed advisable by the president.

History: Last Reviewed 6/27/12

Issued by District Board of Trustees: 8/10/1984

Reviewed: 7/1/04, 7/1/07, 7/22/09, 6/27/12

Revised: 11/28/01