|Published:||Oct 08, 2010 3:28 PM EDT|
|Updated:||Oct 08, 2010 12:28 PM EDT|
TALLAHASSEE, Fla. (AP) - Florida Chief Financial Officer Alex Sink wants state-backed Citizens Property Insurance Corp. to curtail non-bid contracting.
Sink sent a letter Thursday to the state's largest property insurer suggesting ways to make its procurement and contracting process more open.
Sink cited news reports saying the company has issued 33 no-bid contracts valued at nearly $50 million.
She said her staff has been working with Citizens on such changes as tightening its policy allowing no-bid contracts in emergency situations to make sure that exception is made only for true emergencies.
That proposal will soon go to Citizen's board.
Sink also urged the company to begin posting contracts online.