Florida Administrative Code › 61 - DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION › 61G6 - Electrical Contractors' Licensing Board › Chapter 61G6-5 - APPLICATION FOR CERTIFICATION › Section 61G6-5.004 - Requirement for Business Organizations

Current through Reg. 50, No. 138; July 16, 2024
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.