Printable Form 5020 Florida 2025

Printable Form 5020 Florida: What You Should Know

Each applicant must complete an application form for the entire project in which the fee is being approved. The Florida Contracting Classification Premium Adjustment Program allows the applicant to submit multiple claims for premium discount to the Agency, for each contracting operation that will be performed within the applicant's area of eligibility and which is subject to a premium rate. If the applicant does so, the applicant will be exempt from paying an upfront premium payment or monthly premium for the approved contract. (See page 4 of the PDF) If the applicant fails to submit a premium adjustment application within the required time frame, the following will apply: (1) The application fee will be withheld for future premium payment requirements. (2) Any premium refund issued after the deadline will not apply to future premium payments. The application may be filled on a computer for convenience. Alternatively, fill in the form on paper, then bring in the completed form to the Agency. The agency staff will evaluate all information and determine the best payment option based on the information submitted. A premium adjustment is not valid once the application is completed, scanned and returned with the required fee. The Agency has no control over how the claim is managed, processed, or paid. The applicant's payment must be made in the following amount only on or before the due date of the premium adjustment: Payment is due to the Agency. The agency will not pay the premium adjustment until all payments are received by the Agency from the applicant (payee), the contractor(s), or third party paying the contractor(s). The premium adjustment application shall be accepted by the Agency if an item listed in paragraph (1), (2)(b), or (4-A) of this rule has been paid by the applicant. Prior notice to a contractor shall be given in writing: (1) at least three business days prior to starting a project, including weekends and holidays; or (2) by first class United States mail to the applicant by the applicant at the address shown on the applicant's application form. The applicant shall provide proof that the payment has been made in any form or electronic format prior to submitting the application.

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