Each claim for recovery from the undertaking fund shall be made on a commission approved claim form. For a submitter's claim to be eligible for recovery from the undertaking fund, the claim shall meet the following requirements:
(1) The installation was performed by a contractor, whose license was in good standing at the time of the installation;(2) The submitter has paid the contractor for part of an installation that has not been completed or for an installation that was improperly completed;(3) The submitter submits a completed claim form to the commission;(4) The submitter submits three bids for completion of the installation that is to be corrected or completed; and(5) The submitter has not obtained a civil judgment against the contractor. If the three originally submitted bids are found to be unreasonable, the commission may assign a contractor to correct or complete the installation or request the submitter to submit three additional bids for review.
S.D. Admin. R. 20:44:26:02
40 SDR 198, effective 5/28/2014.General Authority: SDCL 36-16-20.
Law Implemented: SDCL 36-16-20.