Payments from the Transaction Recovery Fund to claimants may include an amount for which additional cost?

Payments from the Transaction Recovery Fund to claimants may include amounts for attorneys' fees because this fund is designed to protect consumers in situations where they have suffered financial loss due to the actions of a licensed contractor. When a claimant successfully files a claim against the fund, they can seek to recover not only the principal amount lost but also the legal expenses incurred while pursuing the claim.

Attorneys' fees can be a significant part of the expenses associated with filing a claim, as legal representation may be necessary to navigate the complexities of the claim process and any potential litigation. Therefore, the inclusion of attorneys' fees helps ensure that claimants are made whole, covering both their losses and the costs associated with recovering those losses.

Other costs such as contractor's expenses, material costs, and labor costs might not be reimbursed by the fund, as the focus is primarily on the consumer's losses that occurred as a result of potentially fraudulent or negligent actions by the contractor. This focus reinforces the fund's purpose of consumer protection within the contracting industry.