Construction companies that fail to meet construction requirements in the new construction industry face new regulations, according to the Department of Housing and Urban Development (HUD).
Under the new regulations the companies must now report on the number of people who were in the building in question.
These people must be listed on a report that shows how many people were there and what time they arrived.
The regulations also require the companies to provide detailed information about how the building was constructed.
In addition, the regulations require that the report must also include the total cost of the construction, including any taxes paid, any fees paid, and any other costs incurred.
It also requires companies to report any damages or property damage that might have been caused by construction, and how the company managed to remove or dispose of it.
While the regulations are effective until June 5, they do not go into effect until July 1, 2019.
“We’ve got a lot of new construction going on in the country and we need to be able to have a level playing field for all kinds of builders and contractors,” Housing Secretary Julián Castro told reporters at the US Department of Labor (DOL) headquarters in Washington, D.C. Last month, the Department of Labor’s Office of Enforcement and Compliance Assurance (OECAA) issued a warning to construction companies that have failed to comply with construction regulations.
Citing an “epidemic” of unlicensed builders, the agency warned that failure to comply will result in a $10,000 fine and up to one year in prison.
According to the agency, “The Department of Hudson Construction has identified an increase in unlicensed contractors in the new construction industry.
To address this growing problem, the OECAA issued a guidance to the HHS that outlines what must be documented in order to comply” with the regulations.”
This includes the number of employees, the type of work, the construction type, the location, and the type and type of materials used in the construction,” OECA wrote.
Construction companies that do not comply with the new rules face fines ranging from $10 to $100,000.
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