Okla. Stat. tit. 36 § 974

Current through Laws 2024, c. 453.

Section 974

A. Under the Strengthen Oklahoma Homes (SOH) Program, a residential property owner shall hire an IBHS certified contractor who is capable of performing work that satisfies the standards prescribed by this act and the rules adopted thereto.

B. The Insurance Department shall not endorse or otherwise provide preferential treatment to any contractor.

C. A residential property owner is responsible for any amount owed to a contractor that exceeds awarded grant monies.

D. To be eligible to work on a project funded by the SOH Program as a contractor, a contractor shall meet all program requirements, including, but not limited to, those listed in this subsection, and maintain a current copy of all applicable certificates, licenses, and proof of insurance coverages with the program office:

1. If required under Oklahoma law, the contractor shall hold a valid and active contractor's license or registration in Oklahoma and be free from all disciplinary action by the applicable licensing board;

2. If applicable, the contractor shall be registered to do business in Oklahoma with the Secretary of State;

3. The contractor shall have an in-force general liability policy with Five Hundred Thousand Dollars ($500,000.00) in liability coverage;

4. The contractor shall have workers' compensation and employer's liability insurance in accordance with and to the extent required by Oklahoma law;

5. The contractor shall hold an active IBHS FORTIFIED Roof^TM Contractor Certification or FORTIFIED Professional Certification. The contractor is responsible for paying all fees associated with certification and training;

6. The contractor must successfully register as a supplier or payee with the Office of Management and Enterprise Services;

7. The contractor shall maintain accurate contact information with the SOH Program;

8. The contractor shall agree to follow the SOH Program's procedures and rules as prescribed by the Insurance Commissioner;

9. The contractor shall not have a financial interest in any project funded by the SOH Program for which they perform work other than receiving payment on behalf of the homeowner from the SOH Program and shall report to the SOH Program any potential conflicts of interest before work commences; and

10. The contractor shall not be the evaluator for any project funded by the SOH Program.

Okla. Stat. tit. 36, § 974

Added by Laws 2024 , c. 293, s. 4, eff. 11/1/2024.