Definitive Guide Licensing, Operations, Finance, and Public Works Bidding California & Florida
The "Definitive Public Works Guide" empowers contractors to operate legally in infrastructure and building contracts in California and Florida, structuring the transition from an informal model to a high-standard corporate operation.
On the technical side, California requires a CSLB license (Classes A, B, or C) for projects over $500, four years of experience, a $25,000 bond, and a qualifying individual (RMO/RME). In Florida, the DBPR/CILB requires proof of net worth and credit checks, distinguishing between certified and registered licenses.
Legal and tax structuring requires establishing an LLC or Corporation with the SOS, obtaining an EIN, and securing essential policies such as General Liability and Workers' Compensation. In California, mandatory DIR registration and weekly payroll reports (eCPR) are required. Additionally, certifications like SB, DBE, and MBE enhance competitiveness in public bidding.
The manual details the trilogy of Surety Bonds (Bid, Performance, and Payment) for contracts over $25,000, recommending starting as a Subcontractor to build a credit history and bonding capacity before acting as a Prime Contractor.
The financial cycle highlights the Schedule of Values (SOV), monthly progress billings via AIA G702/G703 forms, and compliance with Prompt Payment Acts. Finally, it emphasizes planning for immobilized capital due to the 5% retainage and the prior issuance of Change Orders (PCOs) to avoid financial losses