There is a simple solution for contractor fraud…..
It’s a 1 (one), 2 (two), 3 (three)!!
www.Disclosure For The Public.com
AN INTEGRITY TEST FOR SHOP-IN-HOME COMPANIES
DISCLOSURE!!!
Licensing procedure for Residential Contractors
Show up with photo ID and have your picture taken(owner, if partnership, both partners, if corporation, 2 officers
Meet the existing licensing requirements, also fill out a competency questionnaire and sign your name
Having this information attached to with signature and photo ID as a part of your contract
DISCLOSURE INFORMATION
Company Name_______________________________
Address______________________________________
City____________________State_____Zip_________
Phone Number_______________________
1. Business Experience (Name of Co. and Date Started
______________________________________________
2. Principals(Owner, owners or officers of corporation)
______________________________________________
3.Continuity of ownership(Who are the principals and
How long have they owned this business
______________________________________________
4.Were any of the principals/owners previously licensed
as a residential contractor in the USA Yes No
If yes, name of companies_________________________
5.License Information
Contractor license________________BPL#__________
6.Insurance Information
Liability limits_________________________________
7.Type of Business Ownership
Sole Proprietorship
Partnership
Management Corporation
Home Improvement Center Installation Dept Sub-
Contractor
Major Retailer Installation Dept Sub-contractor
8.Type of Business Establishment Owned Rent
Business Office
Office In Home
Showroom Office
Showroom Office Factory
9.Company Assets $_________________________
Approx worth of company-real estate inventory, equip-
ment, vehicles, customer good will
10.Business Volume (in dollars yearly)
______________________________________________
Approx volume of annual business in gross dollars
11.Business Volume (jobs installed annually)
______________________________________________
Approx number of individual jobs completed per year)
12.Manufactured Goods _________________________
Approx percentage of goods manufactured by company
13.Number of Employees_________________________
Approx number of yearly employees (not sub contractors)
14.Employment Status
Avg. percentage of sales sold by self-employed, independent
Brokers:
0-10% 11-30% 31-60% 61-100%
15. Employment Status (Installers)
Avg percentage of work installed by company employees
0-10% 11-30% 31-60% 61-100%
16.Limited Service Policy Offered Not Available
Length of time__________________________
17.Guarantee Offered Not Available
Length of time__________________________
18.How Business is Generated(approx annual percentage)
A-Off the Job Recommendations,
referrals, and repeat business A ______%
B-Other Companies B ______%
C-Advertising C ______%
D-Marketing D ______%
STATEMENT OF INTENT
To be read by the consumer
Name Of Company______________________________________
Is a participating Residential Contractor that adheres to the principals
of disclosure which are put forth with our disclosure statement on the reverse
of our contract.
We advocate a mandate to the appropriate agencies that this disclosure
information become a necessary part of the licensing procedure for all
residential contractors. Simply put, when a contractor wants to do business
in Philadelphia – He must go to the licensing department of the city
with his picture identification – fill out the questionnaire that becomes
the disclosure information on the reverse side of his contract – Have
his picture taken for his license – sign an affidavit attesting to the
accuracy of the disclosure information and pay his licensing fee. If the
contractor is a partnership both partners must attest to the information
and have their pictures taken – if the contractor is a corporation the
information must be attested to by two officers of the corporation and they
both must appear to have pictures taken for the license.
Name Of Company___________________ is participating in this endeavor with
the genuine belief that disclosure will greatly assist the customers of
residential contractors when deciding what company should do their home
improvements. Then the customer will have the facts and the information to
help them make a sound decision.
ABOUT DISCLOSURE
Some Shop-at-Home companies try to appear larger and more dependable than
they really are. Also Slick fast-Talking Salespeople can create a verbal
illusion of dependability by simply avoiding those company facts of which
they are not particularly proud. In fact, they out-and-out lie about company
history and operating procedure. These companies that are here today and
gone tomorrow – and when they fail the owners start a new company, obtain
a license to start over again and again.
There is a solution to this problem – DISCLOSURE, which is the detailed
information about the Company printed and attested to on the back of the
contract. With DISCLOSURE the consumer does no have to rely on the
salesperson’s verbal explanation of Company History and Operating Procedure.
This information is valuable to consumers when obtaining estimates or signing
contracts.
INFORMATION VERIFICATION
Company
Owner/President
SIGNATURE
Disclosure Information updated
Information provided by
MARKETPLACE ENFORCEMENT - LIMITED GOVERNMENT INVOLVEMENT
Disclosure offers accountability for both the contractor and the consumer