tn contractors license renewal application

A contractors license is issued with a classification and monetary limit in the name of the entity on the financial statement. About the Board . Submit the "Letter of Reference" from the application and have it completed by a past client or employer who may comment about your construction work/experience OR a code official who has inspected your work. Many of these forms are included as part of the "Contractor's License Application" instructions section. In addition, the contractor should only operate in the name as licensed. Parent Company Guarantor - Guaranty Agreement must include a financial statement from the parent company and it is not required to be an audit or review, unless, the subsidiary did not supply the audit or review. For tips on searching licenses, see "License Search Tips". 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. %%EOF The monetary limit is the total dollar amount per each individual contract or project. Some files are Adobe Reader Files [pdf], 6.0 or higher. All the steps to reinstating a contractors license are the same as obtaining a new license, with the exception of the exams. 62-6-118 and 120. Click Here for Minimal Activity Business License Application See more information below in the "Summary of Contractor License Requirements". 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. There is not a grace period to continue to operate while the license is expired; however, a contractor has renewal rights up to 12 months before they are required to complete a new license application to reinstate a license. The same person taking the Business and Law is not required to take the trade exam. Please include the completed reference with your application. Contractor's must bid/contract in the exact name as licensed. Revision requests for Board approval include: Add Classifications; Increase Monetary Limit; Change Mode of Operation; and Name Changes. Corporations and LLC must provide proof of active status with the Secretary of State which is available at: Inactive License Request(See "Retirement"), Insurance Requirements for Licensing(See Contractor and Home Improvement Forms), Bond - Indemnity Form (See "Financial Resources"), Emergency License Request(See "Hardship"), Exam Resources(See "Add Classification" resource above), Guaranty Agreement (See "Financial Resources"), Insurance Requirements (See information provided in Section 1 and 2), Merger (See Section 1 - "Contractor - New License Application"), Ownership Change(See Section 1 - "Contractor - New License Application"), Qualifying Agent (QA) Additions and Changes, Reinstatement from Retirement(See Renewal - Section 2), Workers' Compensation Insurance (see "Insurance"). 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. 62-6-124. Corporate entities need to also include proof of active status with the Secretary of State. All licenses must be renewed every two years. 938 0 obj <> endobj Renewal Applications Approximately 60 days before your license is due to expire, CSLB will send you a renewal application. See T.C.A. A contractor with a monetary limit of $150,000 may contract up to $165,000 without being in violation (see Rule 0680-01-.13). Those needing a license revised prior to the Board's next meeting may qualify as a"Hardship"(request for early/emergency review) if attending the regular scheduled meeting would cause an undue hardship on the applicant and be in the best interest of the public safety and welfare. Licenses with a delinquent status are typically those who owe a late fee. The contractor could supplement their reviewed for audited financial statement with a "Line of Credit" (on the Boards format) in the amount of $5,000 to increase working capital; or. ), Prepayments or deferred charges that will not be charged to operations within one year, *Notes receivables from stockholders/related parties, Line of Credit balances and credit card balances, Amounts collected before goods or services are delivered (over billings on jobs in progress), Accruals for wages, salaries, commissions, rents, royalties, and taxes, Other obligations, including portions of long-term obligations, that are expected to be liquidated within one year*, CPA (Certified Public Accountant) and Licensed Public Accountant - Information. 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. Renewal Due Date:Contractor licenses are renewed biennially and issued for two (2) years. All other licensing requirements, with the exception of the exams, must be met, which includes a reviewed financial statement prepared by a CPA; proof of insurance; list of experience; and a reference from a past client, employer or codes official. The only applications with a deadline for receipt, are those which require Board approval and are presented at their regular meetings listed on the"Public Meetings Calendar". Obtaining a License You may obtain your business license at the finance department, by mail, or download the application. BC-A/R Limited Residential Restricted License - *$125,000 Limit Or Less, BC-A/r - Restriction Removal/Increase Request, Memphis State Community College/@Homeprep, McMinnville TCAT (Tennessee College of Applied Technology, Section 5. This requires that you list your license ID # and the corresponding expiration date. LicensingSteps For example, if the entity is wanting to go by, "John Doe DBA Doe's Quality Construction, LLC", this whole name must be on ALL documents; contracts must be in the name as licensed and could not be prepared as "Doe's Quality Construction, LLC" or "John Doe".). The law requires a Reviewed or Audited financial statement which must be prepared by a licensed independent accounting firm. To renew your license, here are the steps you'll need to follow: Log in (or create an account) at core.tn.gov. Section 1. We are available Monday-Friday from 8:00 a.m. to 4:30 p.m. CST. Effective September 25, 2012, the Board considers indemnities as part of the financial statement. There are two types of exams: The Tennessee"Business and Law"exam is required byallcontractor license applicants. Attach an explanation where applicable. Counties may adopt the Home Improvement License Requirement! The Board office cannot fees in their office and must be provided to the Cashier. The Board meets during the months of January, March, May, July, September and November. If you need more instructions or a balance sheet, it is available in the paper renewal form at: Fire Prevention / State Fire Marshal's Office, Tennessee Law Enforcement Training Academy, Peace Officer Standards Training Commission, Fire Services & Codes Enforcement Academy, Residential Continuing Education (RCE) Providers, Section 1. You may already have a State of Tennessee Contractor trade license, may want to register as a homeowner contractor, or you may need to hire some outside help. Contractor's License Renewal . Net worth is total assets minus total liabilities. For businesses that gross more than $3,000 and less than $10,000 annually. PSI uses your social security number to register for the exams for identity purposesand you are required to provide a photo-ID. https://core.tn.gov. 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). No. Rule increased from *$70,000 to $125,000, effective 2/20/2014 to allow contractors to apply for a license up to this amount. See"Public Meetings Calendar"for dates. 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. In addition, the financial statement may be examined by the Comptroller of the Treasury or their designee. This includes new, reinstatements, second or additional license requests, and mergers/reorganizations applicants for a new contractor's license to be issued. 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. Masonry- Licensed Masonry Contractor (LMC) exam is required to perform masonry where the total project, including materials and labor, is $100,000 or more. In some cases, may need our stateLLE(Limited Licensed Electrician) license for permits and inspections. If there is a history of complaints, judgments, convictions, etc., you may be required to appear for an interview. Thank you for visiting CORE! 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. A Tennessee contractor's license is required BEFORE bidding or offering a price, for projects $25,000 and up (includes materials and labor), as a prime (general) contractor; and also subcontractors performing electrical, mechanical, plumbing, HVAC, roofing and masonry are also required to be licensed as a contractor, when the total portion on the Your fee will be attached to your application and submitted to: Tennessee Board for Licensing Contractors 500 James Robertson Parkway Nashville, TN 37243 (See T.C.A. May self prepare supplemental financial statements with the entity's Review or Audit. Please visit us here: https://search.cloud.commerce.tn.gov/ For best results, please limit the number of search fields. The following states have agreed to accept many exams with Tennessee, therefore, if you are actively licensed without disciplinary action, we will accept their trade exam score from: Alabama (Building, HVAC and Electrical Boards); Arkansas; Georgia (Commercial); Louisiana; Mississippi; North Carolina (Residential and Commercial, only); Ohio (Electrical, HVAC and Refrigeration - eff. To obtain a license to only perform projects less than $25,000, check with the local government office to obtain their license. Tennessee Board for Licensing Contractors 500 James Robertson Pkwy, 1st Floor Nashville, TN 37243-1150 The initial license is $15 and is payable to the city and county, thereafter payments are made to the State of Tennessee. If you'd rather not apply by snail mail, the contractor license Tennessee application will allow you to . Supplying false information is grounds for having a license denied. Contractors will need to upload and attach their Financial Statement and Certificate of Insurance for General Liability and also Workers' Compensation (or exemption registration unless claiming the handyman exemption) to complete their online renewal. Line of Credit Deadline Date for License Revision Requests: Last day of the month prior to the next Board meeting (requests requiring Board approval). Comprehensive Online Regulatory & Enforcement System. There is not a required dress code. View all Residential Contractor License Types General Contractor Licensure. An interview may be required with a Board member at the regularly scheduled meeting (see "Calendar" for meeting dates) for those not meeting the criteria to have the interview waived (see "Waiver of Interview" below). The definition of contractor is found in the statute atT.C.A. FAQs . Therefore, it may be a sole proprietor, corporation, partnership, or LLC. The "Online Renewal" process is the quickest and most convenient way to renew.

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