(After a license has been expired for 3 months, must submit a new license application; less than 3 months, may renew with late fees.) All contractors licenses are assigned a monetary limit and also a classification, such as: Building (Residential, Commercial and Industrial); Electrical; Mechanical (Plumbing and HVAC); Heavy Construction; Highway, Railroad & Airport; Masonry; Municipal Utility; Environmental; and Specialties (landscaping, excavation, roofing, cell towers, solar panels, audio visual, etc.,). Working capital is current assets minus current liabilities. STEP 1 - TESTING: Contact testing center to schedule exam (s) STEP 2 - FINANCIAL STATEMENT: Contact a Licensed CPA/PA (Licensed Certified Public Accountant or Public Account) STEP 3 - LETTER OF REFERENCE. Contractors may take the license out of retirement any time by completing the renewal. Tennessee - Tennessee Contractor's License Renewal $ 75.00 Add to cart; . endstream endobj 939 0 obj <. 73-50-1. Inform your accountant of the size license you need. Build homes and commercial projects, (such as a doctors office, less than $750,000), need the BC-A and BC- b(sm) exams OR may take the combined BC-A,b(sm). (NOTE: Do not take the BC exam unless you can show experience on your application or may be limited to specific class.). The contractors interview may be waived if the contractor's application was received complete and in order. *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. The definition of contractor is found in the statute atT.C.A. Contractor's License- Must be received by the20th of the month prior to the Board meeting. Limited Partnerships must register with the Secretary of State. To reinstate a contractors license expired more than 12 months, a contractor must: complete the Contractors License Application; select Reinstatement on page one (1); and list the license ID# of the expired license. Code Ann. Therefore, it may be a sole proprietor, corporation, partnership, or LLC. Clickhere to view a video demonstration on how to renew license online(after your account has been created). Telephone: (615) 741-8307 or. At the "License Search", the license status will show "Active" with an expiration date; classification; an the monetary limit assigned to the license. Please allow 5 to 7 business days for mail delivery. The "Well Driller" needs to be licensed with, Electrical wiring, in excess of $25,000, must take the CE (electrical exam). The Board meets every other month, six (6) times per year. Once completed, the form provides the information necessary to create a record of your business; classify the business; and issue a license. You can send the Tennessee general contractor license application to this address: Tennessee Board for Licensing Contractors 500 James Robertson Pkwy. Contact theDepartment of Revenuefor obtaining a local Business tax license for each city or county where you plan to perform work. To earn a Full Mechanical Contractor (CMC) license or a Plumbing & Gas Piping (CMC-A) license, the application fee is $250. The testing center does not allow using books which have notes written inside and you may not write in the books during the examination. New! *Note: Check with theDepartment of Labor and Workforce Developmentfor other requirements for Elevators and Boilers. License has not been expired more than 24 months; If it has been more than 24 months, as long as the QA has been active in the industry by working for another contractor, as a subcontractor or in another state, may request to be waived by providing evidence of recent experience. To renew online, you must first set up an account and will need to have a Indv/Org # located on your notice of renewal. WHY IS A FINANCIAL STATEMENT NEEDED? The Regulatory Licenses currently available include those professions regulated and licensed within the Department of Commerce and Insurance, Division of Regulatory Boards, and the Department of Agriculture, Division of Consumer and Industry Services. To obtain the annual license remit an application along with $15 to the Customer Service Dept. ALine of Credit (LOC)in the Boards exact format may be considered to supplement working capital, only (does not supplement net worth). Since the limit is based on the lesser of the two, a contractor with a working capital of $10,000 and net worth of $200,000 would qualify monetarily for a limit of $100,000. Exam Prep Courses Guaranty Agreement Required To obtain an increase of more than $125,000, this would require passing the exams. Now you can signup online! Waived applicants will not be approved for a license until after the Board meets; therefore, do not use your license ID number until approved. Contractor Revisions Amendments/Changes To Existing License Section 4. May apply in a new name, mode of operation, different monetary limit or classifications. Clickhereto view a video demonstration on how to create an account. If the application was lacking information and incomplete, you will be notified of additional information needed. Personal or parent supplemental statements are limited to 50% of working capital and net worth. The QA must register with PSI to take the exam. 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. Save Time / Apply Online! 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. Related party or owners receivables (not allowed as a current asset), Cash restricted for special purposes (Restricted cash may be classified as a current asset if it is considered to offset maturing debt that has been properly classified as a current liability), Receivables not expected to be collected within one year, Depreciable assets (buildings, equipment, tools, etc. 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. More information at: (615) 741-9771 or theirwebsite. Renewals are due30 days prior to expirationto prevent contracting while unlicensed. TheCandidate Information Bulletinhas a list of all exams, outline, reference materials, books, security requirements, rules for using books for open book exams, and how to register for exams. Board Rules and Regulations . A contractor's license is required prior to contracting (bidding or negotiating a price) whenever the total cost of the project is $25,000 or more. 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 New Application License Renewal Collect Documents Gather all the documents you need to complete the application. Tennessee Board for Licensing Contractors 500 James Robertson Pkwy, 1st Floor Nashville, TN 37243-1150 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. Note: Specialty license classifications are for unique types of contracting where there is not a standard classification provided in the Rules. Change to Fireworks Registration - Revenue Requirement Fireworks Frequently Asked Questions (2021) Contact a Certified Public Accountant (CPA) or a Licensed Public Accountant (LPA) who is properly licensed to prepare a "Reviewed" or "Audited" financial statement in the name and mode of operation to be licensed. 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. In addition, the contractor should only operate in the name as licensed. In some cases, may need our stateLLE(Limited Licensed Electrician) license for permits and inspections. See the definition of masonry in the law in T.C.A. Construction Manager is required to take the full BC exam. Retirement may be on an annual basis; biennial basis; retired with a maximum of seven (7) consecutive years; or as long as the license has an active status, it may be retired anytime by providing the $25.00 retirement fee for each year. WARNING:A contractor does not have a grace period to continue to contract once the license expires. You may register online with PSI to schedule an exam (they are set up by appointment) and offered in various locations statewide. Fulfill your CEU requirements and advance your HVAC career with an HVAC seminar from American Contractors Exam Services 800.955.7277 Tennessee - Tennessee Contractor's License Renewal The contractor's license is issued in the legal name and mode of operation exactly as on the financial statement. Contractors in Tennessee can manage their licenses through the state's CORE (Comprehensive Online Regulatory & Enforcement) system. FEES PAYABLE TO: "STATE OF TENNESSEE" DO NOT USE THIS FORM FOR THE FOLLOWING : Renewal Fee $200.00 Retirement Qualifying Agent ( QA) Change Monthly Late Fee * $20.00 License Revision (Class / Limit / Name / Mode ) Change of Ownership * If the gross receipts are $3,000 to $9,999, the . **Note: Do not contract until the license "Revision" or new license has been approved**, Fire Prevention / State Fire Marshal's Office, Tennessee Law Enforcement Training Academy, Peace Officer Standards Training Commission, Fire Services & Codes Enforcement Academy, Contractors Renewal Retirement and Revisions, https://tn.gov/commerce/documents/regboards/contractors/forms/ContractorsRenewalWeb.pdf, https://tnbear.tn.gov/Ecommerce/FilingSearch.aspx, here to view a video demonstration on how to create an account, here to view a video demonstration on how to renew license online, Corporate / LLC - Check Status with Secretary of State, Financial and Renewal Instructions Booklet, Guaranty Agreement and Bond Forms - Policy, Optional Forms for Supplemental Financials, Certificate of Insurance (COI) Cover Sheet, Registration for WC Exemption - Construction Services Provider, Workers' Compensation - Verify Coverage for Tennessee, Exam Information - PSI Candidate Information Bulletin (CIB), Plumbing Mechanical CMC/CMC-A Exam Pre-Approval, Corporate / LLC - Business Filing and Registration, Qualifying Agent (QA) Add / Change Request, If the Qualifying Agent (QA) is no longer with the entity. WHO MUST PREPARE THE FINANCIAL STATEMENT? For those not responding within 12 months of the expiration date, the renewal form is placed in archives for storage. If the working capital is mainly uncollected accounts receivable, the Board may not utilize the full amount. Individuals, those acting as the Qualifying Agent (QA) for the entity obtaining the license, may take the exam(s) on behalf of the business. (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. Exam scores are generally accepted for two (2) years by the Board. The license does not have to be reinstated the same as it was prior to expiring. If you have not already registered for this new system, please submit under the New Application tab. 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. Well Drillersneed to be certified with theDepartment of Environment and Conservation. Monetary limits are based 10 times the lesser of both working capital and net worth (plus experience). 62-6-124. Pay close attention and select "Reinstatement of Expired License" on Page 1. Home ImprovementLicenses- Must be receivedby the20th of the month prior to the Board meetingto ensure it is reviewed at the next meeting. 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. Rule increased from *$70,000 to $125,000, effective 2/20/2014 to allow contractors to apply for a license up to this amount.

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