Nebraska Administrative Code
Topic - LABOR, DEPARTMENT OF
Title 227 - DEPARTMENT OF LABOR
Chapter 10 - AMOUNT OF BOND OR DEPOSIT TO BE FILED
Section 227-10-003
Current through March 20, 2024
When an applicant for a license has been required to satisfy a court-ordered judgement or a final order issued by a governmental agency, the Commissioner or the Commissioner's designee may require the applicant to provide a bond or deposit of in excess of $5, 000.00, as a condition of licensure. In such case, the Commissioner or Commissioner's designee will determine the actual amount of the bond or deposit by considering the following factors;
A. The amount of the judgement or order that was satisfied;
B. The magnitude and seriousness of the violation or violations which lead to the judgement or order;
C. The past history of the applicant in taking all necessary measures to prevent or correct violations of statutes or rules;
D. Prior violations, if any, of statutes or rules.
E. The average payroll of the contractor.
