(A) The construction permit shall be issued by the chief after approval of the final design submittal and supporting documents called for in rule 1501:21-5-03 of the Administrative Code and receipt and acceptance of the surety bond and filing fee. The construction permit shall be valid for a period of two years from the date of issue unless otherwise specified by the chief under this rule. No construction shall be performed until the permit is issued by the chief.

(B) If the magnitude of the project warrants that construction will exceed a period of two years, the chief may on request of the applicant issue a permit which is valid for a longer period.

(C) If after construction has begun, a revised construction schedule shows that the permit will expire before construction is completed, the chief may on request of the applicant extend the life of the permit. No extension shall be granted unless the applicant has demonstrated to the satisfaction of the chief that substantial effort has been made to complete the construction.

(D) If the permit expires before construction has begun, a new final design submittal accompanied by supporting documents (rule 1501:21-5-03 of the Administrative Code), surety bond, and filing fee shall be submitted to the chief.