Email: Contractor.App@tn.gov. The license is issued for two years. Next, get a general liability insurance policy and a letter of reference. Tennessee Contractors Count on CRS CPA A contractor should apply for a mode change name change if they have changed their operations as approved on their license, by completing the license revision request form(better to do so prior to renewing a license). You may also call PSI (800-733-9267), however, online is found to be quicker. Code Ann. 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. Municipal Utility (MU)such as: Underground Piping (MU-A); Grading and Drainage (MU-C); Gas Distribution and Transmission Lines (MU-A,1). 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. . Contractors may take the license out of retirement any time by completing the renewal. Contractor Revisions Amendments/Changes To Existing License, Online Transfer-Change Mode of Operation Resource Packet, Clickhereto view a video demonstration on how to create an account, 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, Guaranty Agreement, Bond Forms and Policy, Line of Credit Form(To supplement Working Capital, only), Reciprocation - Trade Exam Waiver Agreement, Reorganization/Merger/Change of Ownership, Verification of License - Reciprocation Information, Section 4. Home Improvement/Limited Licensed Electricians & Plumbers, Change in Name, Ownership, Mode of Operation, Officers. Forms and Downloads for Tennessee Board for Licensing Contractors Net worth is total assets minus total liabilities. Contractors working on an expired license may not be entitled to recover monies owed on a project or have lien rights. The exam vendor, PSI Services, LLC, administers the exams. Click Here for Minimal Activity Business License Application For example, an electrical contractor is typically interviewed by a Board member experienced in the electrical field. The "Well Driller" needs to be licensed with, Electrical wiring, in excess of $25,000, must take the CE (electrical exam). Unlimited License Limit The interview is informal and takes no longer than 30 minutes. 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". It requires scanning and attaching your supporting documents (financial statement, certificate of insurance, etc.) May self prepare supplemental financial statements with the entity's Review or Audit. Full "MU" requires a BC or BC-B trade exam; however, a contractor with a MU or BC or BC-B is considered acceptable to bid water treatment plants. 62-6-102(4)(A) and (E)(5). New Application License Renewal Collect Documents Gather all the documents you need to complete the application. PDF Save Time and Renew Online! - Tennessee Inform your accountant of the size license you need. See the"Contractor Classification Outline" to review all of the various types of contractors regulated. Many of these forms are included as part of the "Contractor's License Application" instructions section. Please note, the exam center offers special accommodations for those with disabilities, or for those wanting to take a Tennessee exam in another state. Effective September 25, 2012, the Board considers indemnities as part of the financial statement. Notices to renew online are mailed to licensees 90 days prior to expiration date with online renewal instructions. How Long Does It Take To Get a TN Contractor's License? It is your responsibility to follow-up to ensure the renewal has been issued. The person taking the exam will know immediately whether they have passed or failed the exam. The Board office cannot fees in their office and must be provided to the Cashier. Out-of-state contractors may register with PSI to take exams at any of their exam centers (offered in over 26 states). Confidential Records - Financial statements and indemnities are not considered public records. You may check the status of the license issuance at:License Search. 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 Work on electrical transmission lines/sub-stations, needs CE-A,H (high voltage), only. Within a reasonable time prior to the next Board meeting (requests requiring Board approval). For tips on searching licenses, see "License Search Tips". If submitting a change at the time of renewal, it may be delayed since the Board must review at their regularly scheduled meetings. Search Now Verify a License for example: accountants, barbers, real estate firms Doing so is a violation of law. Seminar Price: $495.00. View all Residential Contractor License Types General Contractor Licensure. The monetary limit is the total dollar amount per each individual contract or project. . You may download the renewal from the "Forms and Downloads". After passing the test, you need to prepare an audited or reviewed financial statement. You will need your license number and registration code which was provided on your renewal notification. The license must be renewed at the end of the fiscal year end of the business. Currently, only the Increase Monetary Limit and Transfer-Change Mode of Operation applications are available online. Contractor License - Application For New (Initial); Reinstatement; or Additional Licenses Section 2. 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). Send all mail (including express and over-night) to: Department of Commerce and Insurance; 4th Floor Davy Crockett Tower, 500 James Robertson Parkway, Nashville, TN 37243-1150. You may need toDOWNLOAD a free copy of Adobe Readerto view these files. To renew your license, here are the steps you'll need to follow: Log in (or create an account) at core.tn.gov. This is decided by the Board and the staff cannot make this determination. Tennessee Board for Licensing Contractors NOTE: If you currently are licensed with a Tennessee Contractor's License and wish to make changes to your existing license, see the "Revision" information in "Section 3". The Qualifying Agent (QA) is the person who has been designated to take the exam(s) for the entity obtaining the license and they may be an owner, or a full time employee or officer (those without ownership would need to complete the Power of Attorney (POA) as part of our license application, but donotsend the POA to the testing center). NOTE:All financial statements submitted should separate current portion of long term debt according to standard accounting principals. These are the only states in which Tennessee has a trade exam waiver agreement. Solar Panel - Must state you will hire an electrical subcontractor or an electrical trade exam will be required. Working capital is current assets minus current liabilities. These applicants will receive a letter notifying an interview is required. 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. 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. Revision requests for Board approval include: Add Classifications; Increase Monetary Limit; Change Mode of Operation; and Name Changes. A contractor is allowed a 10% tolerance, unless, they have a BC-A/r classification (residential restricted limited license). 1036 0 obj <>stream Are you renewing your license? PSI has testing centers all over, including throughout Tennessee, as well as in other states. 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. 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 $100,000ormore. Find A Regulation - Tennessee A list of classifications may be reviewed from the web at:"Classification Outlines"or review an outline of license classifications, which is from the published Rules with the Tennessee Secretary of State, Section 0680-1-16. Renewal forms are no longer mailed to licensees. Note: Specialty license classifications are for unique types of contracting where there is not a standard classification provided in the Rules. Contractors will need to upload and attach their Financial Statement and Certificate of Insurance for General Liability and also Workers' Compensation (or exemption registration unless claiming the handyman exemption) to complete their online renewal. The renewal is required to be submitted 30 days prior to the expiration date to prevent working with an expired license, as there is NOT a grace period. See T.C.A. Make sure your entity is filed in the same name as the financial statement. We develop specialist and diverse computer based test content and deliver flexible and secure testing options for over 35 State licensing boards - with end-to-end testing services for construction, contractor and trades. Generally, current liabilities include the following: NON-CURRENT LIABILITIESdo not include long term notes, bonds, and obligations that will not be paid out of current assets. NEW! For more information, see " Financial Statement Change s". The application must be complete to be considered meeting the deadline. l2X$DuYDJ4WL`]@$M?0 )wg Personal supplemental financial statements may be prepared by the contractor, in addition to providing their required review or audit. PSI uses your social security number to register for the exams for identity purposesand you are required to provide a photo-ID. hb```"76!b`0p(40t6*Lf A license cannot be renewed if has been expired for 12 months; must apply for a reinstatement utilizing the initialcontractor's license application. Due to changing laws, please review our website for updates. STEP 4 - PROOF OF INSURANCE. 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 register online with PSI to schedule an exam (they are set up by appointment) and offered in various locations statewide. Licensing Steps - Tennessee 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. Only exact matches will be displayed. CURRENT ASSETSare cash and those assets that are reasonably expected to be realized in cash or sold or consumed within one year or within a businesss normal operating cycle if it is longer. %%EOF 62-6-102and covers a very broad area, which includes construction, installation, movement, repair, etc. License classifications and monetary limits are based on experience, equipment, as well as a trade exam in some cases. FAQs . These four (4) types of license revision requests must be approved by the Board at their regularly scheduledmeetings. All applicants must pass the Business and Law exam before becoming licensed contractors in Tennessee. Renewal Process:Board office conducts an audit, which includes: 1) checking the financial statement to ensure the working capital and net worth supports the current monetary limit; 2) checking for proof of insurance and making sure coverage includes Tennessee; 3) Corporate status is confirmed; and 4) check to see that the "Contractor's Affidavit" was completed, signed and notarized. Prepaid expenses such as insurance, interest, rents, taxes, etc. State . Reciprocity is atrade exam waiver, only. Also, developed lots for sale. (NOTE: Do not take the BC exam unless you can show experience on your application or may be limited to specific class.). Expiration date of 10/31/2013 would not owe a late fee as long as the renewal was received (not postmarked) by November 7th. WHY IS A FINANCIAL STATEMENT NEEDED? Contractor Renewal To renew your Contractor License, go to MyLicense.IN.gov and select Login or Register for your MyLicense account. For a list of these state community colleges, please refer to our website at:BC-A/r. 62-6-120. Doing so may be considered as a security breach of the confidential exam questions. Check Your Status For Free Make sure you're in good standing with a free nationwide compliance analysis. Request information on this class. 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). Specialties :Cell/Communication Towers; Equipment Installation; Vinyl/Wood Siding; Fabrication of Above-Ground Storage Tanks/Vessels; Glass Installation; etc. Plumbing Contractor (PC) City of Knoxville Nashville, TN 37243-1150. 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. (Always check with local codes for their requirements. Secure licensure testing with PSI Residential, commercial and industrial building, take the BC exam. Individual First Time Application or Applying for Another License Discipline 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. Please take in consideration of experience and whether the majority is uncollected receivables. You will be required to show two (2) forms of identification. 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. New! 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. Contact theDepartment of Revenuefor obtaining a local Business tax license for each city or county where you plan to perform work. (See T.C.A. Contractor's must bid/contract in the exact name as licensed. Letter of Reference A personal interview is not required unless notified to appear. This includes new, reinstatements, second or additional license requests, and mergers/reorganizations applicants for a new contractor's license to be issued. 62-6-135. 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. If you have more than one (1) license with the Department of Commerce and Insurance, you may add these to your account. The fee to renew your TN contractor's license is $200. See also the"Contractor"section of the website and"Bidding"requirements. Individuals, those acting as the Qualifying Agent (QA) for the entity obtaining the license, may take the exam(s) on behalf of the business. Commerce and Insurance Customer Service Centerk - Tennessee In this case, only take the "Tennessee Business and Law" exam. Reciprocal agreementsdo NOT allow using another state's license in Tennessee, but provides a trade exam waiver, only. (See also the examples listed below under the "Summary"). The fees associated with issuance or renewal of a City of Knoxville plumbing contractor (PC) license are as follows: Application fee: $30.00 License fee: $300.00 Await Results Typically, processing of a license request will be completed after no more than 1-2 business days. County Clerk - Businesses | Rutherford County TN At renewal time, a contractor may supply a "Reviewed" financial statement for unlimited. (electrical (CE) contractors are exempt from OBTAINING AN ADDITIONAL LICENSE AS AN LLE;CMC and CMC-A Plumbing/mechanical are exempt from the Additional LICENSE AS AN LLP. (Note: If you have a suffix, such as: Jr., Sr., III, etc., this must be included!). (Rule 0680-1-.02) Those who cannot make the deadline or need the license prior to the next Board meeting, may provide a"Hardship"request if it meets the criteria as a hardship to an owner/consumer. 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. Clickhereto view a video demonstration on how to create an account. See more information for"Hardship Criteria". Renewals should be submitted to the Board's office30 days prior to the expiration date. All blocks must be checked. Only one reference letter is necessary. 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). For a Limited Licensed Plumber (LLP) license, the exam fee is once again $57 and the application fee is $75. Contractor - Renewal & Retirement, 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 a license online, Corporate / LLC - Check Status with Secretary of State, Financial and Renewal Instructions Booklet, Guaranty Agreement and Bond Forms and Policy, Optional Forms for Supplemental Financials, Workers' Compensation - Verify Coverage for Tennessee, Reinstatement of Expired License (More than 12 months) - Requires New Application, Section 3. 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. This requires that you list your license ID # and the corresponding expiration date. This would also be the case for a contractor wanting to reinstate an expired contractor's license. To check the status of your license, go to"Verify a License". 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.). Contractors and Home Improvement - Customer Service Center - Tennessee %PDF-1.5 % 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). You can send the Tennessee general contractor license application to this address: Tennessee Board for Licensing Contractors 500 James Robertson Pkwy. Be sure to list all experience of owners and officers. 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. "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.
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