(a) Conditions. The director may waive the security requirement of Section 49-10(d) upon a finding that the requirement is not necessary to secure performance. In order to so find, the director shall consider:
(1) any present deposits or security posted by the contractor with the department;
(2) whether the contractor’s inventory consists of goods or merchandise;
(3) the number of years the contractor has done business in Dallas County;
(4) whether the contractor is a subsidiary of an existing authorized substation;
(5) the contractor’s credit standing; and
(6) the contractor’s financial condition as shown by certified financial statements or other data supplied by the contractor. (Ord. 19201)