The Contractor Recovery Fund compensates owners or lessees of residential property in Minnesota who have suffered an actual and direct out-of-pocket loss due to a licensed contractor's fraudulent, deceptive or dishonest practices, conversion of funds or failure of performance. Below are links to the two packets that contain directions and documentation needed when applying to the fund.
Phone: (651) 284-5057
Fax: (651) 284-5749
Notice regarding accelerated payments: The packets below refer to an Accelerated Procedure and a Standard Procedure for applying to the Contractor Recovery Fund. By statute, the Fund must make payments on an annual basis based on the date an agreement to pay has been entered into. Accelerated payments may also be paid by the Fund for claims less than $10,000. Effective May 1, 2011, the accelerated payment procedure will be suspended by the Fund. Applications received on the Accelerated Procedure forms will be processed under the Standard Procedure. Applicants may still use the Accelerated Procedure forms to apply.
Forms and instructions: