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Florida instructional materials bonds.
From $100.

A publisher awarded a state instructional materials adoption must give a bond payable to the state for faithful performance of its contract with the Florida Department of Education, under §1006.34(3), Florida Statutes. The Department sets the amount; premiums are 3% of the bond amount, $100 minimum.

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Filed with the Florida Department of Education after an instructional materials adoption award
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Required by §1006.34(3), F.S. — the department sets the amount, and the bond is payable to the state
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Deadline-driven — the Department gives publishers 30 calendar days from receipt of the contract to execute and bond it
3% rateof the bond amount, $100 minimumInstantissued the moment you payA-ratedA.M. Best carriers
Trusted by industry leaders
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Capital Development Partners
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JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
How it works

Three steps. One sitting.

The Department's clock starts when the contract lands in your hands, so this is built to close in an afternoon:

TODAY · ONLINE

Apply online

Your company details, the bond amount from the contract package, and the contract start and end dates. That is the application.

INSTANTLY

Issued on payment

The rate is verified against live checkout, so the calculator figure is the figure you pay. The application includes a credit consent authorizing a soft pull only, and most approve on the spot.

SAME DAY

Return it with the executed contract

Send the bond back to the Instructional Materials Office inside the 30-day window with your signed contract. Wet-ink originals mailed whenever the Department asks for them.

About this bond

What it is and who needs it.

What the publisher bond actually guarantees

Florida runs a state adoption for instructional materials: publishers bid, reviewers evaluate, and the Commissioner adopts a list. After the award, the Department of Education prepares a contract with every bidder awarded an adoption, and §1006.34(3) conditions that contract on a bond given by the publisher or manufacturer, payable to the state, for the faithful, honest, and exact performance of the contract. The Department sets the amount.

What it guarantees is supply. A district that adopts your title is committing years of instruction to it, so the statute is aimed at the publisher who wins the award and then cannot deliver: if a publisher fails or refuses to furnish instructional materials as the contract provides, the bond is forfeited. It also has to provide for reasonable attorney's fees on any recovery, the surety must be a company lawfully authorized to do business in Florida, and the bond is not exhausted by a single recovery — it can be sued on until the full amount is recovered.

There is an alternative and a deadline worth knowing. At the Department's discretion a publisher may post a cash deposit in lieu of a bond, payable to the Department and placed in the Textbook Bid Trust Fund. And the Department's own specification gives a successful bidder 30 calendar days after receipt of the contract to execute it and furnish the surety bond — miss that and the bid deposit is forfeited. Adoption contracts run in multi-year terms, most recently a five-year period, so plan the bond to sit alongside the contract rather than a single school year.

Fla. Stat. § 1006.34(3)Section 1006.34(3), Florida Statutes — "Contract with publishers or manufacturers; bond" — provides that any publisher or manufacturer to whom a contract is let under the instructional materials part must give bond in such amount as the department requires, payable to the state, conditioned for the faithful, honest, and exact performance of the contract, with provision for reasonable attorney's fees on any recovery. The surety must be a guaranty or surety company lawfully authorized to do business in Florida, and the bond is not exhausted by a single recovery. At the department's discretion a cash deposit may be allowed in lieu of a bond, payable to the department and placed in the Textbook Bid Trust Fund. A publisher or manufacturer that fails or refuses to furnish instructional materials as the contract provides forfeits the bond. The Department of Education's published Policies and Procedures Specifications have set the surety amount at $5,000 per single item and $10,000 per series, up to $25,000, and require the executed contract and bond within 30 calendar days after receipt of the contract or the bid deposit is forfeited. Confirm your figure and deadline against the contract package the Instructional Materials Office sent you.

You need this bond if you are

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A publisher awarded a Florida adoption and holding a contract package from the Instructional Materials Office
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A manufacturer under contract to furnish state-adopted instructional materials to Florida districts
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Inside the 30-day window to execute the contract and furnish the bond before the bid deposit is forfeited
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Replacing a cash deposit with a surety bond to get money out of the Textbook Bid Trust Fund

One application, then straight back to the Department.

Enter the bond amount and the contract dates from your award package. The application includes a credit consent that authorizes a soft pull only.

Start the application →
FAQ

Common questions.

How much is the Florida instructional materials publisher bond?Premiums are 3% of the bond amount, with a $100 minimum. The amount itself is set by the Department of Education — its published specification has run at $5,000 per single item and $10,000 per series, capped at $25,000. Enter your figure and the quote updates.
What amount should I enter?The amount named in the contract package the Instructional Materials Office sent you. If the package quantifies it by item and series, add them up and apply the cap. When the paperwork is ambiguous, ask the Instructional Materials Office before you buy — the bond has to match the contract.
Do I pay the full bond amount?No. You pay the premium. The bond amount is the ceiling on what the state could recover if you fail to furnish the adopted materials — it is not a deposit, and nobody holds your money.
Can I post a cash deposit instead?Yes, at the Department's discretion. Section 1006.34(3) allows a cash deposit in lieu of a bond, payable to the Department and placed in the Textbook Bid Trust Fund. Most publishers prefer the bond because it leaves the cash in the business.
Is there a credit check?The application includes a credit consent, but it authorizes a soft credit pull only — a soft inquiry that never affects your score. No hard inquiry ever runs on this bond.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Beat the 30-day contract deadline.

3% of the bond amount, $100 minimum, bond issued the moment you pay. Free until issued.

Your premiumfrom $100
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