From 1 April 2017, the way some contractors pay tax on schedular payments has changed, giving them greater choice and helping them get their tax right. What’s worse, the work on your home isn’t done right or isn’t completed, and the contractor — who may already have been paid by the lender — has lost interest. In every state (that requires a license), a surety bond is required as part of the licensing process.
In other cases the general contractor is hired at the close of the design phase. NRS 624.305 Unlawful use, assignment or transfer of license; revocation of license. The Contractor Directory is a list of contractors who have successfully completed the FEMA training for seismic retrofit of single family wood-frame houses.
NRS 624.935 Duties of contractor regarding commencement, performance and completion of work; contract to explain rights of customer; conditions for final payment. It’s actually in print, and contractors must be recommended to be considered—they’re only included after a thorough vetting process that includes independent conversations with at least three clients.
Before checking the liability of contractor payments, first determine whether or not the worker is performing their services as an employee or a contractor. So, to help you along your way, our expert surety specialists have developed this guide to contractor bonding.
NRS 624.160 Administration of chapter; provision of information to public concerning contractors and contracting; advisory opinions; investigation of persons acting as contractors. The Board may establish a program for the issuance of a license in an expedited manner.