2022-0002 OIG Tips and Trends.pdf

The document provides tips and trends related to procurement protection practices for local government entities. It emphasizes the importance of verifying vendor licenses, bonds, insurance, and registrations to reduce liability risks and protect financial interests. It discusses the qualifications vendors must possess, the types of bonds required, and the verification of certificates of insurance. The document also highlights statutory requirements for selecting contractors, the role of the Florida Department of Business & Professional Regulation in licensing, and considerations when reviewing bonds. Additionally, it recommends actions for local governments to enhance staff guidance on vendor qualifications and ensure compliance with bonding and insurance requirements.