Current through 2024 Legislative Session
Section XIII-18203 - Contractor Eligibility Requirements and Conflicts of InterestA. Contractor Eligibility Requirements. To be eligible to work as a LFHP contractor (LFHP-approved contractor), the contractor must meet all of the following program requirements: 1. submit and maintain a current copy of all certificates, licenses, and proof of insurance coverages with the LFHP;2. hold a valid residential license or home improvement registration issued by the Louisiana State Licensing Board for Contractors (LSLBC) and must be in good standing with the LSLBC;3. hold any other valid state or jurisdictional business licenses or work permits required by law in Louisiana;4. maintain a general liability policy with $1,000,000 in liability coverage;5. maintain a workers' compensation policy in compliance with Louisiana law;6. provide a FORTIFIED certification issued by the IBHS or its successor;8. comply with all regulatory and tax laws regulating businesses in the state of Louisiana;9. maintain internet access and have a valid, active email address on file with the LFHP for communication with the LFHP;10. avoid conflicts of interest in any work performed on projects funded by LFHP grants; and11. agree to follow the LFHP procedures and rules as established by the commissioner.B. Contractor Conflicts of Interest 1. LFHP-approved contractors may not possess a financial interest in any project for which they perform work toward a FORTIFIED designation other than for payment on behalf of the homeowner by the LFHP.2. LFHP-approved contractors cannot be the home evaluator for a FORTIFIED designation on any project funded by LFHP grants.3. The LFHP-approved contractor is responsible for reporting to the LFHP any potential conflicts of interest before work commences on any job funded by LFHP grants.C. The LFHP may remove a contractor from the list of LFHP-approved contractors at any time upon a finding that the contractor failed to meet any of the program requirements listed in Regulation 126.La. Admin. Code tit. 37, § XIII-18203
Promulgated by the Department of Insurance, Office of the Commissioner, LR 49699 (4/1/2023), Amended LR 501499 (10/1/2024).AUTHORITY NOTE: Promulgated in accordance with R.S. 22:11 and R.S. 22:1483.1.