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. 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. Solar Panel - Must state you will hire an electrical subcontractor or an electrical trade exam will be required. WHAT TYPE OF FINANCIAL STATEMENT IS REQUIRED? Tennessee Contractor License Courses, Classes & Exam Prep thZX*CE$b'6s e+F``l "@N@Bo#VbU]x9$>p'D@{?4-T]6jeX0ZP K_ in lieu of sending by mail. Staff will notify applicants by email or mail to confirm receipt of your application and whether the interview is waived. (NOTE: Do not take the BC exam unless you can show experience on your application or may be limited to specific class.). The exam vendor, PSI Services, LLC, administers the exams. BOARD INTERVIEW For more information, see Financial Statement Changes. LICENSE REVISION REQUESTS(Most Require Board Review - Deadline date to provide to the Board office is the last day of the month prior to the next Board meeting), OTHER - LICENSE CHANGES/UPDATES - SUPPLEMENTAL FORMS & INFORMATION. Work on electrical transmission lines/sub-stations, needs CE-A,H (high voltage), only. This step-by-step tutorial will guide you through the online renewal process.https://core.tn.gov The staff will process your license to be issued after approval by the Board meeting. Workers' Compensation Exemption Registry - Tennessee Tennessee Contractors Count on CRS CPA Specialties :Cell/Communication Towers; Equipment Installation; Vinyl/Wood Siding; Fabrication of Above-Ground Storage Tanks/Vessels; Glass Installation; etc. The law requires renewals to be submitted to the Board30 days prior to the expiration datein order to prevent working on an expired license, which is considered a violation of law. Seminar Price: $495.00. An in-house financial statement must be provided by the subsidiary (entity obtaining the license), in addition to the parent company's audited financial statementand indemnity. Contractors may apply for a license revision in order to make changes. The QA must register with PSI to take the exam. If submitting a change at the time of renewal, it may be delayed since the Board must review at their regularly scheduled meetings. An interview is not required, unless, there are complaints or felony convictions. License Renewal - YouTube Be sure the affidavit is signed and notarized by all applicable individuals (qualifying agent, owner(s), partners, members, main officers and major stockholders). 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. Completing Your Renewal Application Be sure to complete your renewal application carefully. Note:Contractors with non-tested trades or "specialty" license classifications, cannot perform any electrical, mechanical or plumbing in excess of $25,000, and would be required to subcontract to properly licensed contractors. See the definition of masonry in the law in T.C.A. Low Voltage (less than 70 volts): Sound, Intercom, Fire Detection; Telephone Lines (CE-F); and Cabling (CE-G); or *Alarm Systems (CE-D) - No exam with our Board for a low voltage CE-D; however, must obtain license with the "Alarm Systems Contractors Licensing Board" for their separate licensing and examination requirements. Commerce and Insurance Customer Service Centerk - Tennessee Individuals, those acting as the Qualifying Agent (QA) for the entity obtaining the license, may take the exam(s) on behalf of the business. Therefore, some contractors will be seen earlier. This requires that you list your license ID # and the corresponding expiration date. **Fire Sprinkler contractors must also obtain licenses with theDivision of Fire Protection, as a Firm and RME (Registered Managing Employee). 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. Inventories (to include materials and/or houses built for sale). License certificates are issued after the Board meeting and they take approximately 1 to 2 weeks for staff to complete. This guide contains information about construction industry licensing in Tennessee. 0 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. Exam Prep Courses 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. 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). To earn a Full Mechanical Contractor (CMC) license or a Plumbing & Gas Piping (CMC-A) license, the application fee is $250. If submitting online, attesting does not require a notary. If bringing a contractor's license out of retirement during the second year of the renewal cycle, the law does not provide a means to waive one year of the renewal fee. 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. Contractor License - Application For New (Initial); Reinstatement; or Additional Licenses, Exam Information - Candidate Information Bulletin, Exam -PSI's "Candidate Information Bulletin", Contractor License Classifications - Outline, Corporation/LLC/LLP(Registration with the Secretary of State), Business & Law Reference Manual(NASCLA - Online Order), Pre-Approval for Plumbing/Mechanical CMC/CMC-A, Reciprocation - Waiver of Trade Exam / License Verification Form, Guaranty Agreement and Bond Forms - Policy, Guaranty Agreement (Format and Instructions), Registration for Exemption - Construction Services Provider, Tennessee International Chamber of Commerce, Residential Restricted License Information (BC-A/r), Tax / Business Licenses, etc. Build residential houses only, take the BC-A exam. For a Limited Licensed Plumber (LLP) license, the exam fee is once again $57 and the application fee is $75. "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. 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. See"Public Meetings Calendar"for dates. (Must attach designated qualifying agents (QA) training certifications and resum'e in these areas.) Waived applicants will not be approved for a license until after the Board meets; therefore, do not use your license ID number until approved. TCA 62-6-111; TCA 62-6-116; 62-6-124; Rule 0680-1-.13; Rule 0680-1-.14; and Rule 0680-1-.15. Workers' Compensation insurance is required or you may supply proof of exemption. See the Law and Rulesfor legislative updates. More information is available on the"Reciprocation"section on our website. In addition, a sub to a sub would need to be licensed whenever there are more than one (1) subcontractors on the project. Thank you for visiting CORE! Summary Books may be shipped for overnight delivery. Fees, reference books and online registration are available atPSI's Websiteor you may review theCIB (Candidate Information Bulletin)[pdf] on their website. Review their "special accommodations" in their"Candidate Information Bulletin"). General Liability is required based upon the monetary limit of a contractor. 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. License issuance takes 4 to 6 weeks. Upon receipt of the completed application, the applicant will be scheduled for an interview with the Board at their next regularly scheduled Board meeting (see Public Meetings Calendar). Business License | Blount County, TN Many of these forms are included as part of the "Contractor's License Application" instructions section. The contractors interview may be waived if the contractor's application was received complete and in order. In order to obtain a certificate of renewal, the following must be completed. Therefore, a limited licensee cannot perform projects larger than the monetary limit placed on their license. The initial license is $15 and is payable to the city and county, thereafter payments are made to the State of Tennessee. For contractors wanting to take a exam preparation course, the Board requires these providers to be licensed. Failing to attach all required documents prevent the renewal from being processed. Renewal forms are no longer mailed to licensees. Hardship requests (those qualifying for an early/emergency review prior to the next Board meeting) should be sent by email after completing the online application. endstream endobj startxref Please include the completed reference with your application. The Home Improvement license renewal is mailed to contractors 90 days prior to the expiration date. More examples are provided in the"Contractor Classifications Outline"as well as a list of all exams in PSI'sCandidate Information Bulletin. This exam is open book and you may obtain the "NASCLA Contractors Guide to Business, Law and Project Management" manual from one of the bookstores listed above or most professional book stores online. 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. Solar Panel Installation - No trade exam; apply for a specialty license, but cannot make electrical connections without a CE (electrical) license or would need to hire a licensed electrician. You may need toDOWNLOAD a free copy of Adobe Readerto view these files. 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). License has been expired more than 24 months and does not provide a written request for waiver with evidence showing the QA has remained active in the industry (working as a sub; working on smaller projects; working for a licensed contractor; working in another state; etc. **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. Change to Fireworks Registration - Revenue Requirement Fireworks Frequently Asked Questions (2021) Some files are Adobe Reader Files [pdf], 6.0 or higher. 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"). Every contractor is assigned a monetary limit on their license, as to the size of project they wish to contract or bid. 938 0 obj <> endobj To obtain your Indv/Org#, you may contact Customer Service or 615-532-3985 (be sure to include your license number). 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). Filings may be submitted with them beginning November 7, 2022 at tn.gov/exemptionregistry For questions regarding Worker's Compensation Exemption filings, please call (615)532-1319 Secretary of State Tre Hargett For licensing information for projects less than $25,000, see Types of Licenses. (After a license has been expired for 3 months, must submit a new license application; less than 3 months, may renew with late fees.) Do NOT exceed the monetary limit on license prior to obtaining approval and a revised license by the Board. In addition, there is not a limit on the amount of single projects ongoing. Subscribe for Board Updates . A listing of each project, contract, or subcontract completed by the licensee during the preceding calendar year in North Dakota over the amount . Please ask your CPA/LPA to assist you with determining the amount of your working capital and net worth to ensure you qualify for the limit requested. Must follow local license requirements and pay fees. Make sure your entity is filed in the same name as the financial statement. Who takes the exam? 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 * 1|2|3|4|5|6|7|8, Exam Registration with PSI Services, LLC Prepaid expenses such as insurance, interest, rents, taxes, etc. If the gross receipts are $3,000 to $9,999, the . When reinstating a contractors license, you may apply for this new reinstated license with a name change, change in mode of operation, license limit or classification. Monetary LimitAssigned Contractors Renewal Retirement and Revisions - Tennessee Contact: (615) 353-3333, Chattanooga State Community College The contractor's license is issued in the legal name and mode of operation exactly as on the financial statement. Board Approval required for the following revisions:Adding a Classification; Increase Monetary Limit; Name Change; and Mode of Operation Change (transfers). Personal or parent supplemental statements are limited to 50% of working capital and net worth. Contractor License - Application For New (Initial); Reinstatement; or Additional Licenses Section 2. 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. 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. Rule increased from *$70,000 to $125,000, effective 2/20/2014 to allow contractors to apply for a license up to this amount. PSI uses your social security number to register for the exams for identity purposesand you are required to provide a photo-ID. A contractors license is issued with a classification and monetary limit in the name of the entity on the financial statement. 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. Process Piping - covers welding of the piping system; NO test, (CMC-B) classification. Here's how a contractor can get their license reinstated: Complete the "Contractor's License Application.". These four (4) types of license revision requests must be approved by the Board at their regularly scheduledmeetings. All these forms are available from the"Forms and Downloads"section of our website. 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). TENNESSEE DEPARTMENT OF REVENUE (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. Submit the non-refundable $250 application fee for a two-year . Contractors with a "Retirement" status are considered "Inactive" and not licensed to perform work in an amount where a license is required; Bookstores(Code Books and Reference Manuals for Exams). For example, to have your application reviewed at the January Board meeting, you must turn in your application by December 20th. A contractor with a $200,000 limit may construct as many of these homes as long as each one does not exceed the limit. If you prefer to renew by mail, you may print the renewal form below. *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. Renewals- Due30 days prior to the expiration date(to prevent working on an expired license). To renew online, you must first set up an account and will need to have a Indv/Org # located on your notice of renewal. 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. This limit must cover the total project and it cannot be split into phases of smaller contracts to circumvent the law. Letter of Reference Medical Gas Information & Approved Providers List, Medical Gas Application as a Certification Providers, P.I.P.E - Medical Gas Certification Resource, NITC (AMGI) Medical Gas Certification Resource, Business Tax License - Local Government Contacts, Request for Copies of Insurance or Home Improvement License Bond, Additional or Second Contractor's License, Reinstatement of Expired Contractor's License(Expired 12 months or more), Change in Ownership, Merger or Reorganization, Bookstores(Code Books and Reference Manuals for Exams), Education - Continuing Education is NOT required, Exam Resources and Information for Contractors, CPA (Certified Public Accountant) and Licensed Public Accountant - Information, Insurance Requirements for Licensing (See Contractor and Home Improvement Forms), Limited Restricted Residential BC-A/r License (See section "4"), Line of Credit (See "Financial Resources"), Subcontractors - Electrical, Mechanical, Roofing, Masonry)(same as "Contractor License Application"). Licensing Steps - Tennessee *Effective July 1, 2014, the name cannot be similar to another licensee. Documents with social security numbers are redacted. Check with the Board's roster of licensed contractors to ensure the name on the license is available at:https://verify.tn.gov/ Effective July 1, 2014, the name on the license cannot be similar to another licensed entity. NON-CURRENT ASSETSare the following and not current assets, since they generally are not expected to be converted into cash within one year: *The Board may accept a Guaranty Agreement from stockholders or related parties, supplied with their financial statement, to consider counting this as a current asset. Within a reasonable time prior to the next Board meeting (requests requiring Board approval). TN Building Contractor Registration (BC) City of Knoxville Exam Guidelines and Security Procedures for Books STEP 4 - PROOF OF INSURANCE. Trade Exam Waivers(Reciprocation) 1O0BZq@m e`Q` QB Pay close attention and select "Reinstatement of Expired License" on Page 1. Only exact matches will be displayed. Contractor's License- Must be received by the20th of the month prior to the Board meeting. Business Tax Division | Shelby County, TN - Official Website Click Here for Minimal Activity Business License Application EXAMS (Cost $55) WAIVER OF INTERVIEW *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. Cannot use a family member's reference. NEW! A BC-B or BC is needed to build a water/sewer plants or to get a MU classification. Obtaining a License You may obtain your business license at the finance department, by mail, or download the application. If the 20th is on a holiday or weekend, the next business day is considered the deadline. A homeowner is exempt from obtaining a home improvement license to perform work on their own property. NOTE:All financial statements submitted should separate current portion of long term debt according to standard accounting principals. 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. 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. The license must be renewed at the end of the fiscal year end of the business. and insurance to be in the new name. Secure licensure testing with PSI Please visit us here: https://search.cloud.commerce.tn.gov/ For best results, please limit the number of search fields. 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. Bidding and contracts must be in the exact name as licensed, as well. Out-of State corporations must register as a foreign corporation and submit a copy of their Charter, along with a copy of their Certificate of Authority showing they have registered their charter (we may accept a copy of their application stamped "FILED" from the Tennessee Secretary of State's office in order to meet the 20th deadline). Individual First Time Application or Applying for Another License Discipline The law requires a Reviewed or Audited financial statement which must be prepared by a licensed independent accounting firm. See also the"Contractor"section of the website and"Bidding"requirements. See Public Meetings Information for more information. Fire Prevention / State Fire Marshal's Office, Tennessee Law Enforcement Training Academy, Peace Officer Standards Training Commission, Fire Services & Codes Enforcement Academy. Board Approval required for the following revisions:Adding a Classification; Increase Monetary Limit; Name Change; and Mode of Operation Change (transfers). Contractors and Home Improvement - Customer Service Center - Tennessee Only one reference letter is necessary. Renewals submitted without all the required information to renew, cannot be issued and an extension to contract on an expired license cannot be granted. Revision requests for Board approval include: Add Classifications; Increase Monetary Limit; Change Mode of Operation; and Name Changes. . What if the QA leaves? Licenses with a delinquent status are typically those who owe a late fee. 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. WARNING:A contractor does not have a grace period to continue to contract once the license expires. 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. 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. Be sure to list all experience of owners and officers. If the working capital is mainly uncollected accounts receivable, the Board may not utilize the full amount. 62-6-118 and 120. WHY IS A FINANCIAL STATEMENT NEEDED? To renew your license, here are the steps you'll need to follow: Log in (or create an account) at core.tn.gov. You will be required to replace the financial responsibility (surety bond, etc.) 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. See law updates for Workers' Compensation at the "Laws, Rules and Regulations" section of the website. LicensingSteps Working capital is current assets minus current liabilities. In addition, there is no limit of the number of projects a contractor may perform, as long as a project has not been split into phases to circumvent the law.
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