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PENALTY AND INTEREST FOR UNFUNDED RA

Awarded

PINVRState & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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The Penalty and Interest for Unfunded RA contract establishes a cost center for the Florida Department of Commerce to manage expenses related to Reemployment Assistance that are not covered by General Revenue or the UI base grant. This financial mechanism ensures that specific operational costs are captured and funded through a dedicated stream of revenue. Funding for this cost center is derived exclusively from penalty and interest payments collected from employers who are delinquent in their unemployment compensation tax obligations. These funds are collected by the Department of Revenue on behalf of FloridaCommerce under a formal interagency agreement.

General Info

Florida Commerce uses employer penalty and interest payments to fund unfunded RA expenses.

Agency

Florida → Department Of Commerce

Contract Value

$1

NAICS

923130 - Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs)

Place of Performance

FL, USA

Set-Aside

NONE

Awardee

Department Of Commerce

Award Issued Date

06/15/2026, 12:00:00 AM UTC

Documents

0

No documents available

Documents will appear here when they are available.

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Timeline

PhaseAwarded

PostedJun 15

Award Notice

AwardedJun 15

Contract was awarded

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Organization & Contact Information

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AgencyFlorida → Department Of Commerce

ContactsNo contacts available

OfficeN/A

Organization / AgencyFlorida → Department Of Commerce

Office AddressN/A

ContactsNo contact information available

Full Description

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This cost center is used by the department to capture costs related to Reemployment Assistance not funded by the UI base grant or General Revenue.
All costs captured in this cost center are funded by penalty and interest payments collected from employers who are delinquent in the payment of their unemployment compensation taxes. These taxes, penalty, and interest payments from employers are collected by the Department of Revenue (DOR) based on an interagency agreement (contract) with FloridaCommerce.

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