§237-10.5 - Reporting requirement for contractors on federal construction projects.
[§237-10.5] Reporting requirement for
contractors on federal construction projects. [Section repealed on June
30, 2014. L 2009, c 134, §13(3).] All persons who do not possess a valid
license under this chapter at the time of the contract award and who contract
with the federal government for any construction project located in the State
shall report to the department, on forms prescribed by the department, its
estimated gross receipts or any other information requested by the department
on the prescribed form, from the construction project within thirty days of the
contract being awarded. Failure to report as provided in this section shall
result in a penalty of $1,000 per month, or fraction thereof, for each month
that a failure to report exists; provided that the maximum penalty allowed
under this section in the aggregate shall not be more than $6,000. [L 2009, c
134, §3]