21 ncac 12A .0210 BUILDING PROJECTS
If a building project is performed pursuant to G.S. 87-1.1, the total amount of work to be performed by all licensed general contractors shall not exceed 25% of the total bid price. A licensed general contractor shall hold the applicable classifications and limitation for the work undertaken by such licensed general contractor.
History Note: Authority G.S. 87-1.1; 87-4;
Eff. April 1, 2004;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. July 23, 2016;
Recodified from 21 NCAC 12 .0210 Eff. January 2, 2020;
Amended Eff. March 1, 2022.