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. Apply For a License or Permit Online Complaints Low Income Fee Waiver Military Personnel Applicants Authorized Representative Regulatory Boards Fire Prevention/ State Fire Marshal's Office Promoted articles Are you or your spouse military personnel? The supplemental statement is only used upto 50%. 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. Trade Exams Enter your official identification and contact details. Income tax statements are not acceptable as a financial statement. Contractors are generally interviewed by a Board member who is familiar with the type of license requested. The Worker's Compensation Exemption Registry has been moved to the Department of Labor and Workforce Development. See the"Contractor Classification Outline" to review all of the various types of contractors regulated. Marketable securities representing the investment of cash available for current operations, including investments in debt and equity securities classified as trading securities. Notices to renew online are mailed to licensees 90 days prior to expiration date with online renewal instructions. Summary of Reinstatement Instructions The QA must register with PSI to take the exam. To obtain an unlimited monetary limit on a license, the contractor must show $300,000 in both, working capital and net worth, as well as experience, with anauditedfinancial statement. Within a reasonable time prior to the next Board meeting (requests requiring Board approval). This would also be the case for a contractor wanting to reinstate an expired contractor's license. Contractors in Tennessee can manage their licenses through the state's CORE (Comprehensive Online Regulatory & Enforcement) system. CURRENT LIABILITIESare obligations whose liquidation is reasonably expected to require (a) the use of current assets or (b) the creation of the other current liabilities. 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. Contact: (615) 353-3333, Chattanooga State Community College Contact: 931-473-5587, Limited Licensed Electrician(LLE)Projects less than $25,000, Limited License Plumber(LLP)Projects less than $25,000, Home Improvement LicenseProjects $3,000 to $24,999. If there is a change in ownership with the remaining owners of the existing partnership or corporation licensed, you must notify the Board office in writing and supply the financial responsibility (surety bond) for the existing owners within 30 days, and may be required to supply a new license application if it is a change of 25% or more. 615-741-8307 |800-544-7693 |Contractors.Home-Improvement@tn.gov, 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. Workers' Compensation insurance is required or you may supply proof of exemption. Build residential houses only, take the BC-A exam. The license belongs to the owner of the entity providing the financial statement, therefore, it does not necessarily belong to the Qualifying Agent (QA), unless they are also the owner. Requests for public records from the Board's office may include: 1) License files; 2) Complaint files(does not include Legal case complaint files); 3) Documents from License files, such as: Certificate of Insurance(Contractors and Home Improvement); Surety Bond or IRLOC(Home Improvement); License Application, Renewal Forms, Revision Requests(Contractors and Home Improvement); etc.. The license is issued for two years. How to complete the CONTRACTOR'S LICENSE APPLICATION INSTRUCTIONS TN. Limited Liability Companies (LLC) must submit a copy of their Articles of Organization, and proof showing they have registered/filed with Tennessee Secretary of State, including out of state entities. 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". This guide contains information about construction industry licensing in Tennessee. Comprehensive Online Regulatory & Enforcement System. Pay close attention and select "Reinstatement of Expired License" on Page 1. Contractors in Tennessee can manage their licenses through the state's CORE (Comprehensive Online Regulatory & Enforcement) system. See the definition of masonry in the law in T.C.A. In addition, only silent, non-programmable calculators may be used when taking the exam. In addition, the contractor should only operate in the name as licensed. What contractor license exams are required? Medical Gascertification is required by the American Medical Gas Institute (AMGI) or the Piping Industry Progress and Education Trust Fund (PIPE), with a minimum of 32 hours of training, with eight (8) of these hours in brazing. Chosen by leading organizations Secure test delivery The license is not transferable to new owners. Working Capital and Net Worth If submitting online, attesting does not require a notary. Exam Guidelines and Security Procedures for Books For more information relative to renewals, you may contact our office by email at:Contractor.Renewal@tn.gov -or- Fax: (615) 532-2868 -or- Call our office at (615) 532-3985 or (615) 532-3994. This applies to prime and subcontractors. If you have moved, state mail is not forwarded. New Application License Renewal Collect Documents Gather all the documents you need to complete the application. Please take in consideration of experience and whether the majority is uncollected receivables. 62-6-120. The fee to renew your TN contractor's license is $200. Seminar Price: $495.00. Contractors who are not currently working, may place the license in"Retirement"in lieu of renewing, to retain renewal rights (renewal rights expire after 12 months). Such as, change the mode of operation; increase their licensed monetary limit; add a classification; add or remove their Qualifying Agent; or may retire the license if they are not working and want to cancel insurance. Do NOT exceed the monetary limit on license prior to obtaining approval and a revised license by the Board. If you experience problems with PSI, the exam vendor, you may report these complaints to our staff by email at:Contractors.Home-Improvement@TN.Gov. ALine of Credit (LOC)in the Boards exact format may be considered to supplement working capital, only (does not supplement net worth). Examples for trade exams needed for classifications: Be sure to check in the county you plan to work. Generally, current assets include the following: Note: The Board doesnotconsider notes receivables from related parties as a current asset. Line of Credit To renew online, you must first set up an account and will need to have a Indv/Org # located on your notice of renewal. A contractor cannot split a contract into phases to work within their limit, however, a 10% tolerance is allowed. In addition, a sub to a sub would need to be licensed whenever there are more than one (1) subcontractors on the project. There is a grace period of 7 days after your license expires to have your renewal application postmarked. However, the license ID number will remain the same as the expired license. You will be required to show two (2) forms of identification. 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. A listing of each project, contract, or subcontract completed by the licensee during the preceding calendar year in North Dakota over the amount . FAQs . 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. 1/1/2012); and South Carolina. For example, a contractor with a net worth of $50,000 is wanting a license for $1,000,000, which requires a net worth of $100,000. The exam vendor is PSI Services, LLC. If you'd rather not apply by snail mail, the contractor license Tennessee application will allow you to . Parent company may supply the Audited financial statement for a subsidiary obtaining the license, but must provide an indemnity, such as a Guaranty Agreement or Bond. Click here to signup. All the steps to reinstating a contractors license are the same as obtaining a new license, with the exception of the exams. STEP 4 - PROOF OF INSURANCE. 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. In addition, an interview with the Board is required. 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. The only individuals required to be approved before taking the exam are plumbers; pre-approval is required by our Board to take the plumbing (CMC-A) or full mechanical (CMC) exam. BC-A/R Limited Residential Restricted License - *$125,000 Limit Or Less Section 5. Corporations and LLC must provide proof of active status with the Secretary of State which is available at: Residential Continuing Education (RCE) for those licensed after January 1, 2009 and hold a BC-A or BC-A/r classification. Inactive License Request(See "Retirement"), Reinstate from Retirement(Use "Renewal" form), Workers' Compensation Insurance (see "Insurance"), financial statement; certificate of insurance of general liability; RCE; proof of insurance or exemption for workers' compensation. Tennessee Board for Licensing Contractors 500 James Robertson Pkwy, 1st Floor Nashville, TN 37243-1150 *Note: Highway contractors bidding to the Tennessee Department of Transpiration (TDOT) would need to pre-qualify with this department and a license from our Board may not be required. It requires scanning and attaching your supporting documents (financial statement, certificate of insurance, etc.) ), Proof of insurance No. Counties may adopt the Home Improvement License Requirement! There are two types of exams: The Tennessee"Business and Law"exam is required byallcontractor license applicants. 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. 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. At renewal time, a contractor may supply a "Reviewed" financial statement for unlimited. Attach an explanation where applicable. More information is on the "Other Resources" section of our website or at:Insurance Information. The Board may limit the monetary license limit based on prior experience. The testing center does not allow using books which have notes written inside and you may not write in the books during the examination. Please allow an additional 5 to 7 days for mailing any revision requests. Allow us to find the right contractor for your project. Books may be shipped for overnight delivery. ), 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. Heavy Construction (HC)such as: Marine (Docks, Harbor Improvements) HC-A; Dams, Dikes, Levees and Canals (HC-D); Structural Steel Erection (HC-1); Clearing, Grubbing, Snagging and Rip Rap (HC-5); Storm Damage Restoration. The QA may be an owner, officer, or full time employee (the QA does not own the license; license is issued to the entity providing the financial statement, insurance, etc. Communication/cell towers; no trade exam. Please review T.C.A. Walk-ins are not allowed and you must schedule an appointment ahead of time, but exams are offered daily. Steps to Starting a Business Online Applications Submit Here Short Term Rental Application Contact Us Business Tax Division Physical Address View Map 150 Washington Avenue (Downtown Office) Second Floor Memphis, TN 38103 Directions Phone: : (901) 222-3059 East Branch Office 1075 Mullins Station Road West Wing Memphis TN, 38134 Hours Downtown Office Board Approval required for the following revisions:Adding a Classification; Increase Monetary Limit; Name Change; and Mode of Operation Change (transfers). 62-6-111(b)(3-4), the CPA/LPA must prepare an Audited or Reviewed financial statement. Also, developed lots for sale. You may check status of your pending application from the License Search at our website:https://verify.tn.gov/. Contractors may apply for a license revision in order to make changes. This is decided by the Board and the staff cannot make this determination. Specialties :Cell/Communication Towers; Equipment Installation; Vinyl/Wood Siding; Fabrication of Above-Ground Storage Tanks/Vessels; Glass Installation; etc. Cannot use a family member's reference. (see Rule 0680-1-.13; considered deficient of plant and equipment); or, Accounts Receivables - make up the majority of working capital, Or - May supply update showing the Receivables have been collected. Failing to attach all required documents prevent the renewal from being processed. For businesses that gross more than $3,000 and less than $10,000 annually. 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. In this case, only take the "Tennessee Business and Law" exam. For an LLE license application, call our office at (615) 253-2144 or download from the. Certificate of Insurance for General Liability; Workers Compensation Information (Certificate of Insurance, or Construction Service Provider exemption, unless claiming the Handyman exemption); and. License classifications and monetary limits are based on experience, equipment, as well as a trade exam in some cases.
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