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. Due to changing laws, please review our website for updates. A Contractor or Qualifying Agent who has taken the exam and not been inactive more than two years, is typically not required to retest when obtaining an additional license (Note: must have majority ownership to be listed on more than one license). However, there is not a grace period under which you may perform any work as a contractor without a license. A homeowner is exempt from obtaining a home improvement license to perform work on their own property. . Marketable securities representing the investment of cash available for current operations, including investments in debt and equity securities classified as trading securities. Contractor licenses are issued according to the legalNAMEappearing on thefinancial statementand the name should match on ALL related information required in the new license application, such as the corporate Charter, Articles of Organization, Reference, Contractors Affidavit, Line of Credit, etc. For a Limited Licensed Plumber (LLP) license, the exam fee is once again $57 and the application fee is $75. 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. For more information, see " Financial Statement Change s". . (Note: If you have a suffix, such as: Jr., Sr., III, etc., this must be included!). Net worth is total assets minus total liabilities. 1O0BZq@m e`Q` QB Bidding and contracts must be in the exact name as licensed, as well. Personal supplemental financial statements may be prepared by the contractor, in addition to providing their required review or audit. We develop specialist and diverse computer based test content and deliver flexible and secure testing options for over 35 State licensing boards - with end-to-end testing services for construction, contractor and trades. Make sure your entity is filed in the same name as the financial statement. The renewal form is available online for anyone needing a financial balance sheet at:https://tn.gov/commerce/documents/regboards/contractors/forms/ContractorsRenewalWeb.pdf The financial statement may be self-prepared by the contractor and is not required to be prepared by a licensed CPA when their monetary limit is $3,000,000 or less. 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. (After a license has been expired for 3 months, must submit a new license application; less than 3 months, may renew with late fees.) If you cannot locate this number, you may contact theContractors Boardor theCustomer Service Center(be sure to include your license number). Check Your Status For Free Make sure you're in good standing with a free nationwide compliance analysis. 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. 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. Contractor Revisions- Contractor's requests to revise or upgrade their license are due by thelast day of the monthprior to the Board meeting. endstream endobj startxref If needed, you may contact the IRS for a Federal Employee ID # (EID/FEIN). To renew your license, here are the steps you'll need to follow: Log in (or create an account) at core.tn.gov. 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. 1036 0 obj <>stream To obtain your Indv/Org#, you may contact Customer Service or 615-532-3985 (be sure to include your license number). 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. Enter your official identification and contact details. 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. Thank you for visiting CORE! American Contractors offers an extensive, 2-day seminar to prepare for the North Carolina General Building contractor license exam. 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.,). The Board was originally established in 1931, and today remains a bridge between the consumers and contractors of Tennessee. The application for a certificate of renewal must be submitted to the Secretary of State on or before March 1 of each year. Out-of-state contractors may register with PSI to take exams at any of their exam centers (offered in over 26 states). A"Trade"exam may also be required, depending on the type of license classification requested (see"Contractor Classifications Outline"). 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.). 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. Staff must receive in the Board office prior to the deadline date (last day of the month prior to the Board meeting) in order to have in time to process (review, audit, copy for members, add to meeting books, etc.). Always allow30 daysfor processing! Please note, the exam center offers special accommodations for those with disabilities, or for those wanting to take a Tennessee exam in another state. If Board meets in January, the deadline would be December 31st. Some applicants may be required to take atradeexam (see list of trade exams below). The mission of the Board for Licensing Contractors is to assure quality and fair construction practices exist in all phases of the industry in order to protect the safety and welfare of the public. City . **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. If you do not see a trade exam which falls within your profession, a trade exam probably is not required, but feel free to contact our office by fax at: (615) 532-2868 orby email at:Contractor Exam Informationor you may call the office at 800-544-7693 or direct at (615) 532-3983. To reinstate a contractor's license expired more than 12 months, a contractor must: complete the "Contractor's License Application"; select "Reinstatement" on page one (1); and list the license ID# of the expired license. (be sure to include your license number). No. The license does not have to be reinstated the same as it was prior to expiring. Apply for your business license online at http://www.tncountyclerk.com. The same person taking the Business and Law is not required to take the trade exam. **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. *ABondin the Board's format may be suppliedin lieu of the Guaranty Agreement, in the amount of $500,000; or $1,000,000 for an Unlimited monetary limits. Contact: (423) 697-3100, Pellissippi State Community College 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. 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. In addition, a license with a "Retired" status is not legal to operate and the same as "unlicensed". 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. The classification for this license is " BC-A/r". in lieu of sending by mail. Check with the local government to see if accepted. Letter of Reference 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. Confidential Records - Financial statements and indemnities are not considered public records. 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. Specialties :Cell/Communication Towers; Equipment Installation; Vinyl/Wood Siding; Fabrication of Above-Ground Storage Tanks/Vessels; Glass Installation; etc. WHY IS A FINANCIAL STATEMENT NEEDED? How to complete the CONTRACTOR'S LICENSE APPLICATION INSTRUCTIONS TN. hb```"76!b`0p(40t6*Lf All applicants must pass the Business and Law exam before becoming licensed contractors in Tennessee. PSI has testing centers all over, including throughout Tennessee, as well as in other states. A listing of each project, contract, or subcontract completed by the licensee during the preceding calendar year in North Dakota over the amount . Line of Credit 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. Please contact us for additional information, 1-800-992-1910. See"Public Meetings Calendar"for dates. Business and Lawexam is NOT required to be retaken. What if the QA leaves? Section 62-6-112 and Rule 0680-1-.16 of the Tennessee law for a complete listing, or review in the application; and also a "Classification Outline"is on the website's "Other Resources"). The interview is informal and takes no longer than 30 minutes. Retirement Plans, specifically an IRA, 401K and Profit Sharing, will be allowed at 50%, Cash surrender value of life insurance policies, Trade accounts receivable and notes and other receivables that are expected to be collected within one year (if this amount represents the majority of working capital, the Board maynotutilize the full amount without a guaranty and personal financial statement). Contact: (615) 353-3333, Chattanooga State Community College Contractor Revisions Amendments/Changes To Existing License Section 4. This requires that you list your license ID # and the corresponding expiration date. In order to renew your residential contractor license without issue, you will need to complete your RCE before submitting your license renewal application. All blocks must be checked. BC-A/R Limited Residential Restricted License - *$125,000 Limit Or Less Section 5. *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). License classifications and monetary limits are based on experience, equipment, as well as a trade exam in some cases. 1/1/2012); and South Carolina. 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. (Must attach designated qualifying agents (QA) training certifications and resum'e in these areas.) See "Reciprocal" information for trade exam waivers. The Board may require the submission of additional financial information and may also require the financial statement to be audited and attested to by a certified public accountant (CPA). At the "License Search", the license status will show "Active" with an expiration date; classification; an the monetary limit assigned to the license. May apply in a new name, mode of operation, different monetary limit or classifications. If you change the name of a registered entity with the Secretary of State, you must also request a license "Revision" to amend the contractor's license, prior to operating in the new name or mode of operation. TENNESSEE SECRETARY OF STATE 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. Deadline:Contractor's license applications must be received by the Board office prior to the deadline date which is the20th of the month prior, to the Board meeting. In addition, there is not a limit on the amount of single projects ongoing. In order to apply online, you must first set up an account at https://core.tn.gov/ You will need to have a Indv/Org# to create your account. If the 20th is on a holiday or weekend, the next business day is considered the deadline. 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. Please allow 5 to 7 days for mail delivery when submitting prior to the deadline date. Now you can signup online! 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 total contract should include materials, labor, and profit. 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. 62-6-102and covers a very broad area, which includes construction, installation, movement, repair, etc. A contractor with a monetary limit of $150,000 may contract up to $165,000 without being in violation (see Rule 0680-01-.13). To renew your license, here are the steps you'll need to. Inform your accountant of the size license you need. If the working capital is mainly uncollected accounts receivable, the Board may not utilize the full amount. Contractor Renewal To renew your Contractor License, go to MyLicense.IN.gov and select Login or Register for your MyLicense account. If you prefer to renew by mail, you may print the renewal form below. Out of State - Verify Coverage for Tennessee! NEW! A list of classifications may be reviewed from the web at:"Classification Outlines"or review an outline of license classifications, which is from the published Rules with the Tennessee Secretary of State, Section 0680-1-16. %%EOF International guidelines are available at: Renewal does not require a Review and an in-house statement may be provided, Renewal does not require an Audit; may supply a Review or Audit from a CPA, Financial statements prepared on an income basis are. and insurance to be in the new name. WARNING:A contractor does not have a grace period to continue to contract once the license expires. You may check your expiration date online at:License Search and Verification. However, if the contractor fails to apply for a license within this time period and remains active in the construction industry, such as performing projects where a license is not required (under $25,000), or working for another licensed contractor, or in another state, etc., then the Board may accept the scores after the two year period. See"Public Meetings Calendar"for dates. This restricted license does NOT allow exceeding the monetary limit; there is not a 10% tolerance; cannot joint venture with other contractors to combine monetary limits; and cannot split contracts into phases to circumvent the law. In order to obtain aContractor'slicense (required for projects $25,000 or more), the following is the "Application" and "Exam" information to download and print or you may call our office at 1-800-544-7693 and we will be happy to mail you an application package: The above items are needed to obtain a contractor's license. Doing so could prevent being awarded the contract, civil penalties and license held for up to six (6) months. The contractor's license is issued in the legal name and mode of operation exactly as on the financial statement. Deadline Date for License Revision Requests: Last day of the month prior to the next Board meeting (requests requiring Board approval). This applies to prime and subcontractors. In addition, disclosures of felony, complaints and unpaid judgments relative to construction should also be included.
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