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.). Every contractor is assigned a monetary limit on their license, as to the size of project they wish to contract or bid. If you need assistance, please call 615-741-2241. (Water Well Drillers must be certified with the Department of Environment and Conservation and may be contacted at 800-523-4873.) 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. A contractor may place their active license into retirement, anytime after renewing the license (such as, due to canceling insurance while not working) or prior to the license expiring; If the contractor's license has expired (less than 12 months), they may retire by submitting the renewal and lates fees; plus the retirement fee. 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. STEP 5 - CORPORATIONS AND LIMITED LIABILITY COMPANIES. 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). Contractors may take the license out of retirement any time by completing the renewal. Electrical wiring contracts inexcess of $25,000, need the CE exam. An interview is not required, unless, there are complaints or felony convictions. Subscribe for Board Updates . Use this time to ask the Board member advice or the staff questions concerning the licensing law. Contractors in Tennessee can manage their licenses through the state's CORE (Comprehensive Online Regulatory & Enforcement) system. For those not responding within 12 months of the expiration date, the renewal form is placed in archives for storage. Online Services - Tennessee 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. Exam Guidelines and Security Procedures for Books Who takes the exam? Change to Fireworks Registration - Revenue Requirement Fireworks Frequently Asked Questions (2021) 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. Forms and Downloads for Tennessee Board for Licensing Contractors in lieu of sending by mail. (be sure to include your license number). (At renewal time, the Guaranty Agreement or Bond may be removed by making a request to the Board and providing an updated financial statement meeting the requirements, to replace it.). Allow us to find the right contractor for your project. In order to hold a license with a limit of $150,000, you would need to showworking capitalandnet worthof at least $15,000, as well as experience for this amount. Be sure the affidavit is signed and notarized by all applicable individuals (qualifying agent, owner(s), partners, members, main officers and major stockholders). Step 2: Completing Your Renewal Application - California If you are a military-trained applicant, military spouse or military dependent, please notify our office at the time of the application. Country . The forms listed below provide additional information to specific inquires. In addition, there is not a limit on the amount of single projects ongoing. If the application was lacking information and incomplete, you will be notified of additional information needed. Obtaining a License You may obtain your business license at the finance department, by mail, or download the application. License Search and Verification - Tennessee Some applicants may be required to take atradeexam (see list of trade exams below). Submit an online license application File a Complaint . (Refer to T.C.A. Forms and instructions to reinstate a contractors license is at: NEW! You may need toDOWNLOAD a free copy of Adobe Readerto view these files. A contractor licensee with a CE or CMC-C must register with the Alarm Systems Contractors Board in order to install alarm security systems. Board Approval required for the following revisions:Adding a Classification; Increase Monetary Limit; Name Change; and Mode of Operation Change (transfers). Pay close attention and select "Reinstatement of Expired License" on Page 1. Exam Prep Courses There are two types of exams: The Tennessee"Business and Law"exam is required byallcontractor license applicants. 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). You may check your expiration date online at:License Search and Verification. Any renewal lacking information will be sent a letter notifying the contractor to respond within 30 days. Line of Credit If your entity is in a name with a "DBA", this will need to be included on the certificate obtained from the Secretary of State and on the financial statement, exactly as on the form. Review their "special accommodations" in their"Candidate Information Bulletin"). Also, must obtain licenses with the, Geothermal System requires a CMC-C (HVAC) exam. The renewal fee is $200 and each month late is $20. This is a separate license within the Board. A contractor is allowed a 10% tolerance, unless, they have a BC-A/r classification (residential restricted limited license). Generally, current assets include the following: Note: The Board doesnotconsider notes receivables from related parties as a current asset. There is not a 10% tolerance for the BC-A/r restricted residential licensees. Construction Manager is required to take the full BC exam. Net worth is total assets minus total liabilities. Failing to attach all required documents prevent the renewal from being processed. FAQs . 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. Tennessee corporations must submit a copy of their Charter and proof showing they have registered with the Tennessee Secretary of States Office. Contractors may apply for a license revision in order to make changes. 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. See"Public Meetings Calendar"for dates. 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. Contact: (865) 694-6400, Memphis State Community College/@Homeprep %PDF-1.5 % To obtain your Indv/Org#, you may contact Customer Service or 615-532-3985 (be sure to include your license number). To check the status of your license, go to"Verify a License". If the working capital is mainly uncollected accounts receivable, the Board may not utilize the full amount. In order to supplement the net worth on the personal statement, it would need show a minimum of $100,000 to be utilized as $50,000. Expiration of indemnities occurs at renewal time (no more than 2 years). 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. 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. (See also the examples listed below under the "Summary"). Renewal forms are no longer mailed to licensees. 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". All licenses must be renewed every two years. 62-6-120. Forms . For example, a license with an expiration date of 3/31/2012 (2012 Renewal) was retired on March 1, 2012 for two years with a retired expiration date of 3/31/2014, then if the license is reactivated on June 1, 2013, the contractor would be required to pay the 2012 renewal fees ($200) when bringing out of retirement and the license expiration date would remain the same as 3/31/2014 (after renewing the 2012 renewal). 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. 1O0BZq@m e`Q` QB 62-6-102(4)(A) and (E)(5). Masonry- Licensed Masonry Contractor (LMC) exam is required to perform masonry where the total project, including materials and labor, is $100,000 or more. Please take in consideration of experience and whether the majority is uncollected receivables. Plumbers performing projects less than $25,000, may need the statesLLP(Limited Licensed Plumber) license. The following is a list of trade exams for contractors (building, electrical and mechanical) offered and includes combined exams: *Effective May 24, 2007, must be preapproved to take theCMC-A plumbingcontractors exam by providing evidence to the Board of three (3) years' experience. Payment can be made by personal or cashier's check, but not cash or credit cards. If there is a history of complaints, judgments, convictions, etc., you may be required to appear for an interview. This is an excerpt of the "Classifications Outline" and the following trades do not require a trade exam; based upon equipment and experience, unless, obtaining more than five subcategories under one major classification (or as indicated below): Building Subcategoriessuch as: "Acoustical Treatments" (BC-1;) through "Irrigation" (BC-33;) Full "BC" exam would cover all; BC-A would cover all for residential, only. Cash statement - cash without fixed assets, etc. Once the entire application is complete, submit with the$250.00nonrefundable application fee.