§ 120.392. Who may apply?
41 words·~1 min read·
/us/cfr/t13/s§ 120.392·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A construction contractor or home-builder with a past history of profitable construction or rehabilitation projects of comparable type and size may apply. An applicant may subcontract the work. Subcontracts in excess of \$25,000 may require 100 percent payment and performance bonds.