What is required for contractors in regard to record keeping?

Contractors are required to ensure that their records are kept available for inspection by the board. This requirement is crucial as it allows for transparency and accountability within the construction industry. By having records readily available for board inspection, contractors demonstrate compliance with legal regulations and uphold professional standards. This practice helps in maintaining a clear line of communication with regulatory bodies and fosters trust within the industry.

The emphasis on accessibility not only pertains to financial records but also extends to documentation regarding contracts, licenses, and any alterations made during the project lifecycle. Keeping detailed records aids contractors in navigating any disputes or claims that may arise, as well as serving as proof of adherence to state laws and regulations.