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The Florida Senatorial ANALYSIS AND FISCAL IMPACT STATEMENT (This document is based on the provisions contained in the legislation as of the latest date listed below.) Prepared By: The Professional

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Who needs liens and bonds?

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Contractors and subcontractors working on construction projects often need to obtain liens and bonds to protect their interests and ensure payment for their work.

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What is liens and bonds?

Liens and bonds are legal instruments used to protect the interests of parties involved in construction projects.

Who is required to file liens and bonds?

Contractors, subcontractors, and suppliers are typically required to file liens and bonds.

How to fill out liens and bonds?

Liens and bonds are typically filled out with information about the project, the parties involved, and the amount of the bond or lien.

What is the purpose of liens and bonds?

The purpose of liens and bonds is to ensure that contractors, subcontractors, and suppliers are paid for their work on construction projects.

What information must be reported on liens and bonds?

Information that must be reported on liens and bonds includes project details, names of involved parties, and bond/lien amounts.

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