227 Neb. Admin. Code, ch. 10, § 003

Current through September 17, 2024

Section 227-10-003

When an applicant for a license has been required to satisfy a court-ordered judgement or a final order issued by a governmental agency, the Commissioner or the Commissioner's designee may require the applicant to provide a bond or deposit of in excess of $5,000.00, as a condition of licensure. In such case, the Commissioner or Commissioner's designee will determine the actual amount of the bond or deposit by considering the following factors;

A. The amount of the judgement or order that was satisfied;

B. The magnitude and seriousness of the violation or violations which lead to the judgement or order;

C. The past history of the applicant in taking all necessary measures to prevent or correct violations of statutes or rules;

D. Prior violations, if any, of statutes or rules.

E. The average payroll of the contractor.

227 Neb. Admin. Code, ch. 10, § 003