(1) Possess all technical qualifications and resources,
including equipment, management, technical and craft labor
personnel, and financial resources necessary to perform the
contracted responsibilities, or will obtain the contracted
responsibilities through the use of qualified subcontractors.
(2) Possess all valid, current licenses, registrations
or other certificates required for the contractor or its
employees by Federal, State or local law necessary for the
type of work required for the project.
(3) Not have any outstanding liability to the locality
in the form of tax obligations, fines or other fees, unless
the inspector, contractor, subcontractor or financial
institution has entered into and is in compliance with a
payment agreement with the locality for such taxes, fines or
fees.
(4) Meet all bonding requirements, as required by
applicable law or contract specifications, and all insurance
requirements as required by applicable law or contract
specifications, including general liability insurance,
workers' compensation insurance and unemployment insurance
requirements.
(5) For contractors and subcontractors, participate in a
registered apprenticeship program with both classroom and
field instruction that has graduated apprentices each year
for the last three years for each separate trade or
classification in which the inspector, contractor,
subcontractor or financial institution employs craft
employees, except truck drivers.
"Qualified project." The installation or modification of a
qualified improvement. The term includes installation of
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