If a contractor fails to list a subcontractor in excess of the listing threshold and he does not state that no bid was received or that only one bid was received, he represents that he is fully qualified to perform that portion of the work himself and that he shall perform that portion of the work himself. If after the award of the contract the contractor subcontracts any portion of the work, except as provided in the Subcontractors Fair Practices Act N.M. Stat. Ann. § 13-4-31 to 13-4-42, the contractor shall be guilty of violation of the Subcontractors Fair Practices Act and subject to the penalties provided in section 13-4-41 N.M. Stat. Ann..