Recovery Fund Projected Claim Payment Schedule
You have come to this webpage because either:
| a. | The ROC has sent you an administrative "Decision, Order and Award" informing you of an order awarding compensation from the Residential Contractors' Recovery Fund; |
| or | |
| b. | You obtained an "Order Directing Payout" from a civil court.
If your claim is based on an administrative "Decision, Order and Award," please note that it provides for the statutory right of both parties to appeal this order. Assuming neither party files an appeal, payment of the award will be made when sufficient funds are available. The Recovery Fund receives money from an assessment paid by licensed residential contractors. The amount of money deposited in the fund depends on the number of licensed residential contractors. The projections in the table below are based on the estimated money deposited in the Fund from this assessment. The ROC pays claims in sequential order based on the effective date of an administrative "Decision, Order and Award" or the filing date of a civil "Order Directing Payout". The table below shows the current estimated timeframe for the payment of claims. We understand you may be disappointed by the delay in receiving compensation. The ROC is aware of the frustration and difficulty this delay causes innocent homeowners and is also not pleased with the situation. We continue working to find ways to improve this regrettable situation. |
| Decision & Order Effective or Filing of Civil Order Directing Payout |
** Estimated Payment Timeframe | ||
|---|---|---|---|
| Jul 1 - Jul 15 2011 | Apr 2012 | - | May 2012 |
| Jul 16 - Jul 31 2011 | May 2012 | - | Jun 2012 |
| Aug 1 - Aug 15 2011 | Jun 2012 | - | Jul 2012 |
| Aug 16 - Aug 31 2011 | Aug 2012 | - | Aug 2012 |
| Sep 1 - Sep 15 2011 | Aug 2012 | - | Sep 2012 |
| Sep 16 - Sep 30 2011 | Sep 2012 | - | Sep 2012 |
| Oct 1 - Oct 15 2011 | Sep 2012 | - | Nov 2012 |
| Oct 16 - Oct 31 2011 | Nov 2012 | - | Dec 2012 |
| Nov 1 - Nov 15 2011 | Dec 2012 | - | Dec 2012 |
| Nov 16 - Nov 30 2011 | Dec 2012 | - | Jan 2013 |
| Dec 1 - Dec 15 2011 | Jan 2013 | - | Feb 2013 |
| Dec 16 - Dec 31 2011 | Feb 2013 | - | Feb 2013 |
| Jan 1 - Jan 15 2012 | Feb 2013 | - | Mar 2013 |
| Jan 16 - Jan 31 2012 | Apr 2013 | - | Apr 2013 |
| Feb 1 - Feb 15 2012 | Apr 2013 | - | Apr 2013 |
| Feb 16 - Feb 29 2012 | Apr 2013 | - | Apr 2013 |
| Mar 1 - Mar 15 2012 | Apr 2013 | - | May 2013 |
| Mar 16 - Mar 31 2012 | May 2013 | - | May 2013 |
| Apr 1 - Apr 15 2012 | May 2013 | - | May 2013 |
| Apr 16 - Apr 31 2012 | May 2013 | - | May 2013 |
