09/06/2026
Pricing Small Businesses Out of the Game
Hereās something weāve run into that we donāt think a lot of people realize.
Florida has the Vessel Turn-In Program (VTIP) through FWC, which is designed to get at-risk boats out of the water before they become derelict.
We actually think the program is a great idea. Getting problem boats out of Floridaās waterways before they sink, become navigation hazards, or turn into a much bigger removal job benefits everyone.
But thereās another side of the program that weāve experienced firsthand.
For a small marine-recovery company like ours, becoming an approved vendor comes with additional insurance and contracting requirements that can make participation financially unrealistic.
We already carry insurance for the work we do. We have the equipment, the experience, and a proven track record of safely recovering boats.
Weāre not saying there shouldnāt be insurance requirements. There absolutely should be.
But it does make us wonder:
If the goal of VTIP is to get more at-risk boats out of Floridaās waterways, how do we make sure qualified small marine businesses can actually afford to participate?
Because there are companies like ours that already do this work. Weāre already out there recovering boats. And weād love to be part of a program whose goal aligns so closely with what we do.
Maybe thereās an opportunity for a conversation about whether vendor requirements can be structured in a way that protects the state while still allowing experienced small businesses to participate.
Because every boat that sits out there longer is one step closer to becoming a much bigger ā and much more expensive ā problem.
We're curious. If you own a small business and have tried to become a government contractor, have you experienced something similar?