N.J. Admin. Code § 13:31-3.7

Current through Register Vol. 56, No. 21, November 4, 2024

Section 13:31-3.7 - Unconscionable pricing

(a) A licensee of the State Board of Examiners of Electrical Contractors shall not charge an excessive fee for services. A fee is excessive when, after a review of the facts, a licensee of ordinary prudence and familiarity with local market rates would recognize that the price is so high as to be manifestly unconscionable or overreaching under the circumstances. The Board shall consider the following factors in determining whether a fee is excessive:

1. The time and effort required;

2. The novelty or difficulty of the job;

3. The skill required to perform the job properly;

4. Any special conditions placed upon the performance of the job by the person or entity for which the work is being performed;

5. The experience, reputation and ability of the licensee to perform the services;

6. The cost of materials; and

7. The price customarily charged in the locality for similar services.

(b) It shall constitute occupational misconduct within the meaning of 45:1-21(e) to charge an excessive price for services.

N.J. Admin. Code § 13:31-3.7

New Rule, R.1998 d.543, effective 11/16/1998.
See: 30 New Jersey Register 2351(a), 30 New Jersey Register 4057(a).
Recodified from N.J.A.C. 13:31-1.19 by R.2002 d.164, effective 6/3/2002.
See: 33 New Jersey Register 3404(a), 34 New Jersey Register 1932(b).