Yep they changed the bonding requirements again. I’d like to add at this point that residential construction and homebuilders rarely, if ever, are required to post performance bonds which is why imposing a performance bond requirement on home elevation contractors effectively shuts so many out of the market. You see sureties require things to make their credit underwriting decisions such as CPA audits or reviews that can’t be done overnight. This limits competition. Now if performance bonding requirements had been put in up front you’d have none of these problems now.
Particularly disturbing is the rumors I’m hearing of inexperienced contractors being exempted from the contractor’s license testing requirements if they paid consulting fees to the right people.
The state Office of Community Development’s handling of this whole deal has been a disaster. Dysfunctional corrupt government, brought to you by Bobby Jindal.