Colorado State Article 22Signed into law on 6/6/2012
Roofing Services - Residential Property
State Title 6-22-101. Legislative declaration.
(1) THE GENERAL ASSEMBLY HEREBY DECLARES THAT THE PURPOSE OF ENACTING THIS ARTICLE IS TO PROTECT COLORADO CONSUMERS BY:
(a) REQUIRING ROOFING CONTRACTORS OFFERING TO PERFORM ROOFING WORK ON RESIDENTIAL PROPERTY IN THIS STATE TO SIGN A WRITTEN CONTRACT WITH PROPERTY OWNERS DETAILING THE SCOPE AND COST OF THE ROOFING WORK AND CONTACT INFORMATION FOR THE ROOFING CONTRACTOR;
(b) REQUIRING ROOFING CONTRACTORS TO PERMIT PROPERTY OWNERS TO RESCIND A CONTRACT FOR THE PERFORMANCE OF ROOFING WORK AND OBTAIN A REFUND OF ANY DEPOSIT PAID TO THE ROOFING CONTRACTOR; AND
(c) PROHIBITING ROOFING CONTRACTORS FROM PAYING, WAIVING, REBATING, OR PROMISING TO PAY, WAIVE, OR REBATE ALL OR PART OF ANY INSURANCE DEDUCTIBLE APPLICABLE TO AN INSURANCE CLAIM MADE TO THE PROPERTY OWNER'S PROPERTY AND CASUALTY INSURER FOR PAYMENT FOR ROOFING WORK ON THE RESIDENTIAL PROPERTY COVERED BY A PROPERTY AND CASUALTY INSURANCE POLICY.
For the full text of the law, go to: http://www.leg.state.co.us/clics/clics2012a/csl.nsf/fsbillcont3/27662B8088A2C51F87257981007F1243?open&file=038_enr.pdf
Thank you Mark for your comments. To expand on your comments about California, Licensed contractors are required to have a contractor license bond of $12,500. This bond covers any project the contractor agrees to perform. Be aware: this bond is often not enough to cover multiple complaints made against it or your project if it's worth more than the value of the bond. This is only a License bond.
ReplyDeleteContract bonds guarantee both the completion of the job and payment for all labor and materials. In general, the bonding company will not have to pay more than the face amount of the bond. The cost of this bond is usually 1-2 percent of the contract price. This type of bond is NOT required by the state and most contractors do not carry this type of bond.
Before hiring a contractor to help with your roofing needs, learn what you need to know to ensure you get the right roofer.
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Hopefully this new law helps improve the quality of roofs. Roofs should always be very high quality. I will be looking forward to visit your page again and for your other posts as well. Thank you for sharing your thoughts about roofing contractor in your area.
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