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Penalties for using an illegal construction contract in Idaho:
- Failure to provide the notices required by Idaho Code § 45-525 is a violation of Idaho's Consumer Protection Act and risks a penalty of $5,000 plus actual damages.
- Idaho Code § 29-115 limits retainage to 5% on most private construction contracts.
- Idaho Code § 29-114 voids any clause in a construction contract which would require indemnification of someone solely responsible for the loss.
- Idaho Code § 29-110(1) voids any attempt to shorten the statute of limitations period.
- Omission of federal truth in lending disclosures required by 15 United States Code § 1638 makes the creditor liable for both the overcharge and the debtor's attorney fees.
- Omission of disclosures required by 12 Code of Federal Regulations § 226.15 extends the right of rescission to three years (rather than three days).
- Omission of insulation disclosures required by 16 Code of Federal Regulation § 460 can result in an $11,000 fine.
The contracts linked below will help Idaho contractors avoid these penalties by complying with state and federal law.
The contracts linked below also comply with current Idaho and federal court decisions.
The contracts linked below comply with the following Idaho and federal laws:
- Attorney fees -- Idaho Rules Of Civil Procedure Rule 54(d)(1)(B)
- Contractor disclosures -- Idaho Code § 45-525
- Excavation -- Idaho Code § 55-2203
- Indemnity -- Idaho Code § 29-114
- Insulation disclosure -- 16 Code of Federal Regulation § 460
- Interest rates -- Idaho Code § 28-22-104 (1)
- Licensing of contractors -- Idaho Code § 54-5204
- Lien rights -- Idaho Code § 54-5208
- Retainage -- Idaho Code § 29-115, § 54-1926 (3)
- Right of rescission -- 12 Code of Federal Regulations § 226.15
- Statute of Limitations -- Idaho Code § 5-216, § 29-110(1) and § 5-241
- Truth in lending -- 15 United States Code § 1638
Return to Penalties for Illegal Contracts in Idaho.
The contracts linked below conform with current Idaho and federal court decisions.
The contracts linked below comply with the following Idaho and federal court decisions:
- Apportionment of damages -- Seubert Excavators v. Eucon Corp., 125 Idaho 409, 1994
- Attorney fees -- Hellar v. Cenarrusa, 106 Idaho 571, 1984
- Choice of law -- Ward v. Puregro Co., 128 Idaho 366, 1996
- Contractor claims for delay -- Grant Construction Co. v. Burns, 92 Idaho 408, 1968
- Contractor claims for delay -- Melka Marine Inc. v United States, 187 F.3d 1370, 1999
- Indemnity -- Pocatello Industrial Park Co. v. Steel West, 101 Idaho 783, 1980
- Liquidated damages -- Nichols v. Knowles, 87 Idaho 550, 1964
- No-lien contract -- Pierson v. Sewell, 97 Idaho 38, 1975
- Payment for extra work -- Obray v. Mitchell, 98 Idaho 533, 1977
- Statute of Limitations -- Weippe v. Yarno, 94 Idaho 257, 1971
- Sufficiency of the plans -- Gillingham Construction v. Newby-Wiggins Construction, 136 Idaho 887, 2005
- Superior knowledge -- Bethlahmy v. Bechtel, 91 Idaho 55, 1966
- Third party rights -- Idaho Power Co. v. Hulet, 140 Idaho 110, 2004
- Warranty -- Tusch Enters. v. Coffin, 113 Idaho 37, 1987
Return to Penalties for Illegal Contracts in Idaho.
Return to construction contract laws in Idaho.
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