(After a license has been expired for 3 months, must submit a new license application; less than 3 months, may renew with late fees.). 62-6-111(b)(3-4), the CPA/LPA must prepare an Audited or Reviewed financial statement. To check the status of your license, go to"Verify a License". All blocks must be checked. This is decided by the Board and the staff cannot make this determination. In order to increase the license more than $125,000 to remove restriction, must take the exams and provide a reviewed financial statement. This applies to prime and subcontractors. All applicants must take the Tennessee "Business and Law" exam which is open book and based upon NASCLA's Tennessee "Contractors Guide to Business, Law and Project Management" reference manual which may be purchased by the publisher, exam vender or professional book stores. Net worth is total assets minus total liabilities. Reciprocity is atrade exam waiver, only. If you experience problems with PSI, the exam vendor, you may report these complaints to our staff by email at:[email protected]. 62-6-135. *Highway, Railroad and Airport (HRA)such as: Grading and Drainage (HRA-A); Base and Paving (HRA-B); Bridges and Culverts (HRA-C);**Well Drilling (HRA-E.4). Tennessee Contractor License Courses, Classes & Exam Prep Contractor Renewal To renew your Contractor License, go to MyLicense.IN.gov and select Login or Register for your MyLicense account. 4th Floor, Davy Crockett Tower Nashville, TN 37243-1150 In addition, only silent, non-programmable calculators may be used when taking the exam. You will then submit an application to the state licensing board with required documentation. Alist of these course providersare available from our website. IMPORTANT: If you have not received your renewal application from the CSLB within 45 days of the expiration date, you need to order a renewal online or by calling the CSLB at 1-800-321-CSLB (2752). ALine of Credit (LOC)in the Boards exact format may be considered to supplement working capital, only (does not supplement net worth). A "Reviewed" or Audited financial statement from a CPA is required to renew for those with a monetary limit of$3,000,001 to Unlimited. If you need assistance, please call 615-741-2241. 615-741-8307 |800-544-7693 |[email protected], Fire Prevention / State Fire Marshal's Office, Tennessee Law Enforcement Training Academy, Peace Officer Standards Training Commission, Fire Services & Codes Enforcement Academy, Course Providers & Med Gas Training Providers, Residential Continuing Education (RCE) Providers, Residential Continuing Education (RCE) FAQs, Contractors and Home Improvement Customer Service Center. The Home Improvement license renewal is mailed to contractors 90 days prior to the expiration date. The same person taking the Business and Law is not required to take the trade exam and more than one person may take the exams for the company. Contractor's License Renewal . Contractors are generally interviewed by a Board member who is familiar with the type of license requested. Submit an online license application File a Complaint . The LOC must be in the same name as on financial statement, and must be in the EXACT format or it will not be acceptable. There are different types of contractors' license classifications requiring exams: Building (BC) - Combined for Residential, Commercial, Industrial); Residential Building (BC-A); Commercial Building (BC-B); Small Commercial (BC-b(sm); Industrial Building (BC-C); and combined building, such as BC-A,B; Electrical (CE); Mechanical (CMC); Plumbing (CMC-A); and Masonry (LMC). Income tax statements are not acceptable as a financial statement. WAIVER OF INTERVIEW Scores are given upon completing the exam, so you know right away whether you passed. Department of Commerce & Insurance Administration License Roster Search License Search and Verification We are upgrading verifty.tn.gov to Public Search. All licenses must be renewed every two years. There are two types of exams: The Tennessee"Business and Law"exam is required byallcontractor license applicants. May apply in a new name, mode of operation, different monetary limit or classifications. In order to hold a license with a limit of $150,000, you would need to showworking capitalandnet worthof at least $15,000, as well as experience for this amount. License certificates are issued after the Board meeting and they take approximately 1 to 2 weeks for staff to complete. Those who are obtaining a restricted residential (BC-A/r) must interview; those with not enough experience provided on the application (3 years); those with felony convictions; and those with complaints are also not waived. Applications are due on the 20th of the month prior to the Board meeting. NOTE: If you currently are licensed with a Tennessee Contractor's License and wish to make changes to your existing license, see the "Revision" information in "Section 3". ), Proof of insurance Renewals submitted without all the required information to renew, cannot be issued and an extension to contract on an expired license cannot be granted. 0 TN Contractor's License Renewal Made Easy (And 5 Mistakes to Avoid) In some cases, may need our stateLLE(Limited Licensed Electrician) license for permits and inspections. Rule increased from *$70,000 to $125,000, effective 2/20/2014 to allow contractors to apply for a license up to this amount. TENNESSEE SECRETARY OF STATE *Note: Alarm System licensees are exempt from obtaining an additional license as a contractor, pursuant T.C.A. (NOTE: Do not take the BC exam unless you can show experience on your application or may be limited to specific class.). Cash only statements must include a Guaranty Agreement with a supplemental financial statement, as well as those with the majority of capital listed as uncollected accounts receivables. Email: [email protected]. Please allow an additional 5 to 7 days for mailing any revision requests. Note: If you have been disciplined or convicted of a felony, the Board will not accept. A Contractor's license is required prior to contracting (bidding, offering to engage, or negotiating a price) for projects$25,000 or more, when acting as one of the following: *Masonry subcontractors must be licensed as a contractor when the project is $100,000ormore. Exam Guidelines and Security Procedures for Books Municipal Utility (MU)such as: Underground Piping (MU-A); Grading and Drainage (MU-C); Gas Distribution and Transmission Lines (MU-A,1). The application is reviewed and general questions will be asked about contracting experience and to make sure the license classification covers your type of projects. (The reference does not have to come from a Tennessee resident. The forms listed below provide additional information to specific inquires. All steps must be followed with the exception of the exams; not required to be retaken if remained active in the industry for the past two (2) years. Environmental Specialties :Asbestos Handling (S-A); Underground Storage Tanks (S-B); Lead Based Paint Abatement (S-C); Hazardous Waste Removal (S-D); and Air, Water or Soil Remediation (S-E). CURRENT ASSETSare cash and those assets that are reasonably expected to be realized in cash or sold or consumed within one year or within a businesss normal operating cycle if it is longer. See law updates for Workers' Compensation at the "Laws, Rules and Regulations" section of the website. Pre-License Exam Course Provider applications are also approved by the Board. Renewals should be submitted to the Board's office30 days prior to the expiration date. Staff must receive within a reasonable time prior to the Board meeting to have in time to process (review, audit, copy for members, add to meeting books, etc.). The contractors interview may be waived if the contractor's application was received complete and in order. Individuals, those acting as the Qualifying Agent (QA) for the entity obtaining the license, may take the exam(s) on behalf of the business. Please note, the exam center offers special accommodations for those with disabilities, or for those wanting to take a Tennessee exam in another state. For an LLP application, call (615) 532-3994 or download from our website at: Contractors, with a CMC-A license are exempt from the LLP requirements, Masonry projects $100,000 or more require the LMC (Licensed Masonry Contractor) exam, In Tennessee, you may check with the Tennessee Board of Accountancy to perform a. Please contact us for additional information, 1-800-992-1910. The Board is charged with the responsibility of protecting the safety and welfare of the public, therefore, required to ensure the financial solvency of an entity obtaining a license. Line of Credit Board Approval required for the following revisions:Adding a Classification; Increase Monetary Limit; Name Change; and Mode of Operation Change (transfers). Generally, current assets include the following: Note: The Board doesnotconsider notes receivables from related parties as a current asset. Next, get a general liability insurance policy and a letter of reference. STEP 4 - PROOF OF INSURANCE. The Board meets during the months of January, March, May, July, September and November. The renewal is required to be submitted 30 days prior to the expiration date to prevent working with an expired license, as there is NOT a grace period. Check Your Status For Free Make sure you're in good standing with a free nationwide compliance analysis. The classification for this license is " BC-A/r". State . Working capital is current assets minus current liabilities. WHY IS A FINANCIAL STATEMENT NEEDED? PSI uses your social security number to register for the exams for identity purposesand you are required to provide a photo-ID. Forms . Contractor's License Application Package Apply Online at: https://core.tn.gov/ Online Application Forms Resource [pdf] Exam Information - PSI Candidate Information Bulletin (Registration, Locations, Study Materials, Rules for Testing, etc.) These applicants will receive a letter notifying an interview is required. The Board may limit the monetary license limit based on prior experience. Registering for the Exam and also your license monetary limit. 62-6-120. Subscribe for Board Updates . The insurance and financial statement is not required to place a license in retirement. TN Building Contractor Registration (BC) City of Knoxville A contractors license is issued with a classification and monetary limit in the name of the entity on the financial statement. . The total contract should include materials, labor, and profit. The fee to renew your TN contractor's license is $200. Full "MU" requires a BC or BC-B trade exam; however, a contractor with a MU or BC or BC-B is considered acceptable to bid water treatment plants. Trade Exams Check with the local government to see if accepted. Only one reference letter is necessary. Renewal forms are no longer mailed to licensees. New Application License Renewal Collect Documents Gather all the documents you need to complete the application. Address 1 . Contractor's must bid/contract in the exact name as licensed. **Roofing subcontractors must be licensed as a contractor, effective January 1, 2014, in addition to performing work currently as a prime, for projects $25,000 or more. "Contractors" and "Home Improvement" are the only license applicants requiring Board approval, unless, there have been complaints, felony convictions; or reinstatements of LLE or LLP to waive the exam. Please take in consideration of experience and whether the majority is uncollected receivables. TCA 62-6-111; TCA 62-6-116; 62-6-124; Rule 0680-1-.13; Rule 0680-1-.14; and Rule 0680-1-.15. Expiration date of 10/31/2013 would not owe a late fee as long as the renewal was received (not postmarked) by November 7th. No annual tax return is required. Note:It is up to the Board to determine whether the exam would need to be retaken on waiver requests and they would make this decision upon reviewing the complete application at the Board meeting; staff cannot make this determination. To ensure timely receipt of all license maintenance information, be sure to notify the Board of any change to the address maintained on Board records. The contractor MUST comply with all other application requirements, as the examination, only, is waived. Enter your official identification and contact details. The exam vendor, PSI Services, LLC, administers the exams. Gas piping: A contractor with CMC, CMC-A or CMC-C may perform gas piping to everything, such as water heaters, laundry equipment, kitchen equipment, and to appliances, gas grills, swimming pool heaters, or gas logs. This is an excerpt of the "Classifications Outline" and the following trades do not require a trade exam; based upon equipment and experience, unless, obtaining more than five subcategories under one major classification (or as indicated below): Building Subcategoriessuch as: "Acoustical Treatments" (BC-1;) through "Irrigation" (BC-33;) Full "BC" exam would cover all; BC-A would cover all for residential, only. Marketable securities representing the investment of cash available for current operations, including investments in debt and equity securities classified as trading securities. Click Here for Minimal Activity Business License Application All the steps to reinstating a contractors license are the same as obtaining a new license, with the exception of the exams. For example, to build houses, the "Residential (BC-A)" trade exam would be required; for one of the 34 building categories or specialty, such as: "Landscaping (BC-29)", there is not a landscaping trade exam and only the "Business and Law" exam would be required. Apply for your business license online at http://www.tncountyclerk.com. (be sure to include your license number). A contractor is allowed a 10% tolerance, unless, they have a BC-A/r classification (residential restricted limited license). Effective April 28, 2017, Public Chapter 237 changed the financial statement requirements for contractor licensing. This information is available on the"Forms Downloads"section on the web. An interview is not required, unless, there are complaints or felony convictions. For example, if you plan to contract homes no more than $150,000 per contract, your CPA can help determine if your financial statement meets the criteria. You can send the Tennessee general contractor license application to this address: Tennessee Board for Licensing Contractors 500 James Robertson Pkwy. Trade Exam Waivers(Reciprocation) For an LLE license application, call our office at (615) 253-2144 or download from the. You will be required to replace the financial responsibility (surety bond, etc.) See T.C.A. For example, if a residential contractor is building a house for a consumer, on their land, the land would not be part of the contract. The financial statement portion of the application is not public information and considered confidential (may be released only by a Subpoena with an Order of Protection). A contract or permit valuation cannot exceed the monetary limit assigned to the license, which includes contractors cost of land and profit; there is not a 10% monetary limit tolerance; and not allowed to joint venture. Obtaining a License You may obtain your business license at the finance department, by mail, or download the application. Generally, current liabilities include the following: NON-CURRENT LIABILITIESdo not include long term notes, bonds, and obligations that will not be paid out of current assets. Examples of the 34 building subcategories: BC- 7 (Institutional and Recreational Equipment); *BC-17 (Elevators, Escalators, and Dumbwaiters); BC-27 (Outdoor Advertising); BC-29 (Landscaping); BC-28-Excavation; BC-31 (Demolition); etc. For masonry less than $100,000, the BC-9 is acceptable for a prime. Please allow 5 to 7 days for mail delivery when submitting prior to the deadline date. Pursuant T.C.A. If the application was lacking information and incomplete, you will be notified of additional information needed. The Board office cannot fees in their office and must be provided to the Cashier. Home ImprovementLicenses- Must be receivedby the20th of the month prior to the Board meetingto ensure it is reviewed at the next meeting. NOTE:All financial statements submitted should separate current portion of long term debt according to standard accounting principals. Pay close attention and select "Reinstatement of Expired License" on Page 1. Tennessee Board for Licensing Contractors 500 James Robertson Pkwy, 1st Floor Nashville, TN 37243-1150 A two-year contractors license in Tennessee will cost a non-refundable $250 fee, with a $200 renewal license. You may check your expiration date online at:License Search and Verification. Example: Expiration date of 10/31/2023; if renewal is received on December 1, 2023, a late fee would be assessed for two (2) months. A license cannot be renewed if has been expired for 12 months; must apply for a reinstatement utilizing the initialcontractor's license application. Business & Law(required for all new applicants; does not have to be taken by the same person taking the trade exam)and a trade exam may also be required. If the QA leaves the licensed entity, the license remains with the owner and they have90 daysto replace the QA and supply the revision form,"QA - Notice of Change"before the license becomes invalid or the classification is removed (TCA 62-6-115; Rule 0680-1-.23) See the "Revision" forms for changing, adding, and removing a QA. Tennessee Plumbing License: How to Become a Plumber in Tennessee However, if you place the license in retirement after renewing the license, you would not be required to repay renewal fees or resubmit the financial statement, insurance, etc., since they were supplied earlier with the renewal. You may request your license I.D. Contractor Revisions Amendments/Changes To Existing License Section 4. Communication/cell towers; no trade exam. Exam Information - Candidate Information Bulletin[pdf] Guaranty Agreement This limit must cover the total project and it cannot be split into phases of smaller contracts to circumvent the law. 62-6-102and covers a very broad area, which includes construction, installation, movement, repair, etc. If fee is submitted prior to the expiration, your renewal status will remain active, however, you cannot contract or perform work where a license is required, until the expiration date is updated showing the license was approved and issued. If the ownership is due to one of the corporate or LLC members leaving and there is not a new incoming owner, the remaining owner would not be required to obtain a new license, but must notification the board in writing and provide a letter of. To renew your license, here are the steps you'll need to. A business license is needed for any business with a physical location in the county whose gross annual receipts are $3,000 or more; anything under $3,000 is exempt. A contractor may obtain a limited residential restricted (BC-A/r) contractor's license, up to $125,000 without passing license exams, by taking a course approved by the Board with one of the following state community colleges listed below. Unlimited License Limit Personal Guarantor - Guaranty Agreement must include a personal financial statement from the owner(s) and is not required to be an audit or review; may self prepare personal supplemental financial statements with the entity's Review or Audit.
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