Sentences with phrase «required of general contractors»

Surety bonds are usually required of general contractors on public projects.

As well, contractors and subcontractors can usually take shelter under such a policy effected by an owner or required of the general contractor by an owner.

Not exact matches

That guidance differs from what state law and regulations actually require, according to the Albany - based Associated General Contractors of New York State.

Many authors do not want the work and responsibilities that come with that role, but believe they have good ideas as to how some aspects of their book should be done and want to work with a company or individuals who have the skills required to make that vision a reality — similar perhaps to the way they might work with a general contractor or a builder to build their dream home.

After taking state required tests, I was then licensed as a home inspector and a general contractor for the State of Connecticut.

(1) A credit services organization, its salespersons, agents, and representatives, and independent contractors who sell or attempt to sell the services of a credit services organization may not do any of the following: (a) conduct any business regulated by this chapter without first: (i) securing a certificate of registration from the division; and (ii) unless exempted under Section 13 -21-4, posting a bond, letter of credit, or certificate of deposit with the division in the amount of $ 100,000; (b) make a false statement, or fail to state a material fact, in connection with an application for registration with the division; (c) charge or receive any money or other valuable consideration prior to full and complete performance of the services the credit services organization has agreed to perform for the buyer; (d) dispute or challenge, or assist a person in disputing or challenging an entry in a credit report prepared by a consumer reporting agency without a factual basis for believing and obtaining a written statement for each entry from the person stating that that person believes that the entry contains a material error or omission, outdated information, inaccurate information, or unverifiable information; (e) charge or receive any money or other valuable consideration solely for referral of the buyer to a retail seller who will or may extend credit to the buyer, if the credit that is or will be extended to the buyer is upon substantially the same terms as those available to the general public; (f) make, or counsel or advise any buyer to make, any statement that is untrue or misleading and that is known, or that by the exercise of reasonable care should be known, to be untrue or misleading, to a credit reporting agency or to any person who has extended credit to a buyer or to whom a buyer is applying for an extension of credit, with respect to a buyer's creditworthiness, credit standing, or credit capacity; (g) make or use any untrue or misleading representations in the offer or sale of the services of a credit services organization or engage, directly or indirectly, in any act, practice, or course of business that operates or would operate as fraud or deception upon any person in connection with the offer or sale of the services of a credit services organization; and (h) transact any business as a credit services organization, as defined in Section 13 -21-2, without first having registered with the division by paying an annual fee set pursuant to Section 63J -1-504 and filing proof that it has obtained a bond or letter of credit as required by Subsection (2).

Because of the high skill level required, clients may also ask that both lead installers and those installers who work independently obtain a general contractor's license, depending on regulations of the localities and states where they work.

The U.S. Department of Defense, the General Services Administration, and NASA last month proposed a change to the Federal Acquisition Regulation (FAR) that would require contractors to safeguard their information systems containing information provided by or generated for the government.

As a business owner or small contractor, you require a form of general liability protection, to shield you from such unexpected situations.

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All of the tools required to preserve our role as general contractor in the real estate transaction are at our fingertips.

While it's mainly on the shoulders of the general contractor to secure the proper permits (see Lesson # 3), make sure you ask the contractor, architect, or designer what permits are required for this project and how they plan to get them.

Someone with a general contractor's license may be your best bet to manage a project that requires extensive time, specialized machinery and multiple workers with varying levels of expertise and licensure requirements, such as a kitchen remodel or home addition.