Disclosure is a simple solution FOR CONTRACTOR FRAUD
AND LACK OF ACCOUNTABILITY
Disclosure offers limited government involvement with marketplace enforcement. That's so important, because a rule that is passed, without enforcement, is worthless. If a contractor would lie or intentionally misrepresent with fraudulent information to influence a purchase, they risk non-payment, and possible incarceration.
It's a 1 (one), 2 (two), 3 (three)!! AN INTEGRITY TEST

Integrity Test for Shop-In-Home Companies
DISCLOSURE!!!
Licensing procedure for Residential Contractors		 Step 1 (One)
Show up with photo ID ands have your picture taken(owners, if corporation, 2 officers		 Step 2 (Two)
Meet the existing licensing requirements, also fill out a competency questionnaire and sign your name		 Step 3 (Three)
This information verified 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, equipment, 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___________________

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