Each project borrower having a construction budget for the financed project in excess of five million dollars shall include in any contract to construct the project provisions requiring the contractor and any subcontractor working on the project to abide by all federal, state, and local laws applicable to carrying out the contract, including (without limitation) registering with the Rhode Island Contractor's Registration and Licensing Board, having all necessary valid and effective licenses to carry out the contract and complying with all federal, state, and local labor, wage and hour, and employment laws, including but not limited to the proper employment classification of workers and prevailing wage laws, if applicable.
820 R.I. Code R. 820-RICR-00-00-4.4