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13 CFR 120.392

§ 120.392 Who may apply?

United States · 13 CFR — Business Credit and Assistance · Status: effective

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13 CFR 120.392, § 120.392 Who may apply?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52094
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A construction contractor or home-builder with a past history of profitable construction or rehabilitation projects of comparable type and size may apply. An applicant may subcontract the work. Subcontracts in excess of $25,000 may require 100 percent payment and performance bonds.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.