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Financial Stability <br />Perkins and Will submits this redacted financial statement <br />confidentially to the City of Sunny Isles Beach citing Florida <br />Statute 119.071 General exemptions from inspection or <br />copying of public records as noted below. The financial <br />package has been included in a separate sealed envelope to <br />avoid being published publicly. Please see attached. <br />Title X <br />PUBLIC OFFICERS, EMPLOYEES, AND RECORD <br />119.071 General exemptions from inspection or copying of <br />public records.— <br />(1) AGENCY ADMINISTRATION.— <br />(a) Examination questions and answer sheets of <br />examinations administered by a governmental agency <br />for the purpose of licensure, certification, or employment <br />are exempt from s. 119.07(1) and s. 24(a), Art. I of the State <br />Constitution. A person who has taken such an examination <br />has the right to review his or her own completed <br />examination. <br />(b)1. For purposes of this paragraph, “competitive <br />solicitation” means the process of requesting and receiving <br />sealed bids, proposals, or replies in accordance with the <br />terms of a competitive process, regardless of the method of <br />procurement. <br />2. Sealed bids, proposals, or replies received by an <br />agency pursuant to a competitive solicitation are exempt <br />from s. 119.07(1) and s. 24(a), Art. I of the State Constitution <br />until such time as the agency provides notice of an <br />intended decision or until 30 days after opening the bids, <br />proposals, or final replies, whichever is earlier. <br />3. If an agency rejects all bids, proposals, or replies <br />submitted in response to a competitive solicitation and the <br />agency concurrently provides notice of its intent to reissue <br />the competitive solicitation, the rejected bids, proposals, or <br />replies remain exempt from s. 119.07(1) and s. 24(a), Art. I of <br />the State Constitution until such time as the agency provides <br />notice of an intended decision concerning the reissued <br />competitive solicitation or until the agency withdraws the <br />reissued competitive solicitation. A bid, proposal, or reply is <br />not exempt for longer than 12 months after the initial agency <br />notice rejecting all bids, proposals, or replies. <br />(c) Any financial statement that an agency requires a <br />prospective bidder to submit in order to prequalify for <br />bidding or for responding to a proposal for a road or any <br />other public works project is exempt from s. 119.07(1) and s. <br />24(a), Art. I of the State Constitution. <br />20