48-203. Estimated cost of work; application fees; exemption
A. The estimated cost of any such work shall include the cost of all labor and materials to be utilized in completing such work.
B. Application shall be accompanied by a filing fee of fifty dollars. There shall be a further fee paid at the time of filing the application, or upon receipt of the proceeds of bonds and prior to beginning actual work if the work is to be paid for from the proceeds of bonds, based upon the estimated cost of the work, as follows:
1. For the first two hundred fifty thousand dollars, one per cent of the estimated cost.
2. For the next seven hundred fifty thousand dollars, one-half of one per cent.
3. For the next four million dollars, one-fourth of one per cent.
4. For all costs in excess of five million dollars, one-tenth of one per cent.
C. The provisions of subsection B of this section shall not apply to a district formed by a county, city or town.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.