In order that the Board may carry out its statutory duty to
investigate the financial responsibility, credit, and business reputation of an
applicant proposing to engage in contracting as a partnership, corporation,
business trust, or other legal entity other than a sole proprietorship, an
applicant shall be required to forward the following to the Department for
review by the Board:
(1) A
comprehensive financial statement reflecting the financial condition of the
business organization in its previous fiscal year; provided, however, that the
statement be prepared within 12 months of the date of filing of the
application. The financial statement shall be prepared in accordance with
generally accepted accounting principles. The financial statement must indicate
a minimum net worth as indicated below for the following categories:
|
(a) Unlimited electrical and alarm contractor
|
$10, 000
|
|
(b) Specialty Contractor
|
$5, 000
|
(2) A
report on the business organization from any recognized credit bureau which
includes but is not limited to credit history, ability to be bonded, liens,
judgments, suits, bankruptcy, and assignment of receivers obtained from county,
state and federal records. The credit report must be dated within twelve (12)
months of the date of filing the application.
(3) Answers to the following questionnaire on
the application:
Business Organization Financial Responsibility Questionnaire
- Has Any Partner, Officer, Director or Trustee of the Business Organzation
Ever:
(a) Undertaken construction
contracts or work that a bonding or surety company completed or made financial
settlement on your behalf? ___ Yes ___ No
(b) Had claims or lawsuits filed for unpaid
or pastdue accounts by your creditors? ___ Yes ___ No
(c) Undertaken construction contracts or work
which resulted in liens, suits or judgments being filed against you? __ Yes __
No
(d) Had a lien of record filed
against you by the U.S. Internal Revenue Service or Florida Corporate Tax
Division? __ Yes _ No
(e) Made an
assignment of assets in settlement of construction obligations for less than
the debts outstanding? __ Yes __ No
(f) Filed for bankruptcy voluntarily or
involuntarily? ___ Yes ___ No
(g)
Been charged with acting as a contractor without a license? ___ Yes ___
No
(h) Been convicted, entered a
plea or found guilty or entered a plea of nolo contendere (regardless of
adjudication) or any crime (other than a traffic violation)? ___ Yes ___
No
(i) I WILL NOTIFY THE ELECTRICAL
CONTRACTORS' LICENSING BOARD IN WRITING, WITHIN TEN (10) DAYS, UPON ANY CHANGE
OF THE ABOVE LISTED ANSWERS TO THE FINANCIAL RESPONSIBILITY QUESTIONNAIRE OF
THIS APPLICATION.
SIGNATURE OF QUALIFYING AGENT:
DATE: __________________________________________
SUBSCRIBED BEFORE ME THIS ______DAY OF ___, 20___.
_________________________________ NOTARY PUBLIC
IF YOU ANSWERED YES TO ANY QUESTIONS (A-H) ABOVE, ATTACH
COMPLETE EXPLANATION FOR EACH YES ANSWER.
(4) For purposes of complying with Section
489.522(2)(c),
F.S., a primary qualifying agent shall have the authority for approving checks,
payments, drafts and contracts and for supervising all electrical or alarm
contracting undertaken by the business organization.
Notes
Fla. Admin.
Code Ann. R. 61G6-5.004
Rulemaking Authority
489.507(3),
489.521 FS. Law Implemented
489.515(1),
489.521,
489.522
FS.
New 1-20-80,
Amended 4-17-80, 4-30-81, 1-11-84, Formerly 21GG-5.04, Amended 2-3-86,
11-23-86, 8-27-87, 12-24-87, 11-26-90, 7-8-91, Formerly 21GG-5.004, Amended
3-20-94, 11-30-94, 5-2-96, 2-13-97, 11-23-97, 4-14-98, 4-12-04, 7-17-11,
2-8-12, Amended by
Florida
Register Volume 49, Number 207, October 24, 2023 effective
11/6/2023.
New 1-20-80, Amended 4-17-80, 4-30-81, 1-11-84, Formerly
21GG-5.04, Amended 2-3-86, 11-23-86, 8-27-87, 12-24-87, 11-26-90, 7-8-91,
Formerly 21GG-5.004, Amended 3-20-94, 11-30-94, 5-2-96, 2-13-97, 11-23-97,
4-14-98, 4-12-04, 7-17-11, 2-8-12,
11-6-23.
