District of Columbia Account Stated for Construction Work

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Multi-State
Control #:
US-0160BG
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Word; 
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Description

An account stated is a statement between a creditor and a debtor based upon a series of prior transactions. Hence, an account stated arises when a particular amount is owed to the creditor by the debtor as of a certain date. An account stated refers to either an agreement itself or to the assent giving rise to the agreement. The agreement to pay the balance amount can be either express or implied. When the agreement to pay is in the nature of a computation, then it is called account stated.
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FAQ

Requirements. * Please note that all Home Improvement Contractors are required to designate and maintain a Basic Business License for at least one (1) Home Improvement Salesperson.

Scout, our online consolidated database allows users to find and track licenses, enforcement actions, and regulatory information on District businesses all in one place. Think of it as a one-stop shop for all your data needs. Search by street address, business name, person name, permit, or license number.

As of 2022, contractor licensing in Washington, D.C. is managed by the Department of Licensing and Consumer Protection. Note: Not only do contractors in D.C. need contractor licenses, but they also need to register their businesses with the Office of Tax and Revenue.

Statute of limitations in contracts for sale. (1) An action for breach of any contract for sale must be commenced within four years after the cause of action has accrued. By the original agreement the parties may reduce the period of limitation to not less than one year but may not extend it.

Make sure the contractor meets licensing and registration requirements by contacting the Department of Consumer and Regulatory Affairs at 202-442-4400. You can check online to see if an electrician or plumber is licensed by clicking here. Check contractor complaint records with the Better Business Bureau.

You can confirm your contractor's license status online or by calling (202) 671-4500. Ask your prospective contractor for references and check them. Make sure the contractor is insured and bonded.

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District of Columbia Account Stated for Construction Work