TENNESSEE DEPARTMENT OF REVENUE In addition, there is not a limit on the amount of single projects ongoing. Monetary LimitAssigned Contractors are generally interviewed by a Board member who is familiar with the type of license requested. 615-741-8307 |800-544-7693 |[email protected], 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. Out of State - Verify Coverage for Tennessee! Pre-License Exam Course Provider applications are also approved by the Board. STEP 4 - PROOF OF INSURANCE. A contractor is allowed a 10% tolerance, unless, they have a BC-A/r classification (residential restricted limited license). 1036 0 obj <>stream Exam Information - Candidate Information Bulletin[pdf] 62-6-124. 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. The initial license is $15 and is payable to the city and county, thereafter payments are made to the State of Tennessee. *Effective July 1, 2014, the name cannot be similar to another licensee. 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. 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. All the steps to reinstating a contractors license are the same as obtaining a new license, with the exception of the exams. The contractor MUST comply with all other application requirements, as the examination, only, is waived. 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.,). 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. Licensing offers the consumers a mechanism to voice their concerns. If you experience problems with PSI, the exam vendor, you may report these complaints to our staff by email at:[email protected]. https://core.tn.gov. PSI offers special accommodations for those with disabilities and this information is in the "Candidate Information Bulletin". Submit a personal or parent company financial statement with a *"Guaranty Agreement". 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). There is a 7-day grace period for late fees on the first month. TN Contractor's License Renewal Made Easy (And 5 Mistakes - LinkedIn Fire Prevention / State Fire Marshal's Office, Tennessee Law Enforcement Training Academy, Peace Officer Standards Training Commission, Fire Services & Codes Enforcement Academy. Line of Credit For more information relative to renewals, you may contact our office by email at:[email protected] -or- Fax: (615) 532-2868 -or- Call our office at (615) 532-3985 or (615) 532-3994. In addition, a sub to a sub would need to be licensed whenever there are more than one (1) subcontractors on the project. 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. The forms listed below provide additional information to specific inquires. In addition, a license with a "Retired" status is not legal to operate and the same as "unlicensed". Business Licenses | Murfreesboro, TN - Official Website 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. The application must be complete to be considered meeting the deadline. The contractor license renewals cost $200. Out-of-state contractors may register with PSI to take exams at any of their exam centers (offered in over 26 states). Licensing, Renewal, & Reinstatement . 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. Net worth is total assets minus total liabilities. 62-6-135). See Public Meetings Information for more information. If submitting a change at the time of renewal, it may be delayed since the Board must review at their regularly scheduled meetings. Expiration date of 10/31/2013 would not owe a late fee as long as the renewal was received (not postmarked) by November 7th. 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 62-6-102and covers a very broad area, which includes construction, installation, movement, repair, etc. 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. 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. Obtaining a License You may obtain your business license at the finance department, by mail, or download the application. If fee is submitted prior to the expiration, your renewal status will remain active, however, you cannot contract or perform work where a license is required, until the expiration date is updated showing the license was approved and issued. 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. TENNESSEE SECRETARY OF STATE 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. **Fire Sprinkler contractors must also obtain licenses with theDivision of Fire Protection, as a Firm and RME (Registered Managing Employee). Effective April 28, 2017, Public Chapter 237 changed the financial statement requirements for contractor licensing. The Board specifies the exact type of work you perform, such as "S-Installation of Paint Finishing Equipment", "S-Solar Panel (must have a CE electrical license to perform electrical wiring or hire an electrical subcontractor); S-Meter Installation (must have a CE electrical license to perform electrical hook-ups). Heavy Construction (HC)such as: Marine (Docks, Harbor Improvements) HC-A; Dams, Dikes, Levees and Canals (HC-D); Structural Steel Erection (HC-1); Clearing, Grubbing, Snagging and Rip Rap (HC-5); Storm Damage Restoration. 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. 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. The license does not have to be reinstated the same as it was prior to expiring. In order to obtain a certificate of renewal, the following must be completed. You will be required to replace the financial responsibility (surety bond, etc.) Income tax statements are not acceptable as a financial statement. Process Piping - covers welding of the piping system; NO test, (CMC-B) classification. ), Prepayments or deferred charges that will not be charged to operations within one year, *Notes receivables from stockholders/related parties, Line of Credit balances and credit card balances, Amounts collected before goods or services are delivered (over billings on jobs in progress), Accruals for wages, salaries, commissions, rents, royalties, and taxes, Other obligations, including portions of long-term obligations, that are expected to be liquidated within one year*, CPA (Certified Public Accountant) and Licensed Public Accountant - Information. Do not use the license until your license is issued and in active status. Asbestos Online Licensing - PLA You will be mailed a license certificate which will have your license ID number, classification, expiration date (this is the same information required to be on the outside of a bid envelope!) (See also the examples listed below under the "Summary"). LICENSE REVISION REQUESTS(Most Require Board Review - Deadline date to provide to the Board office is within a reasonable time prior to the next regularly occurring meeting of the Board.). (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. Contractor License - Application For New (Initial); Reinstatement; or Additional Licenses Section 2. Reinstating an Expired Contractor's License in Tennessee Board Approval required for the following revisions:Adding a Classification; Increase Monetary Limit; Name Change; and Mode of Operation Change (transfers). 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. At renewal time, a contractor may supply a "Reviewed" financial statement for unlimited. 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). License Renewal is ONLY for license types that are already in the new Accela system. Revision requests for Board approval include: Add Classifications; Increase Monetary Limit; Change Mode of Operation; and Name Changes. The Board requires the financial statement to be current (less than 12 months), and according to Generally Accepted Accounting Principles (GAAP). To renew your license, here are the steps you'll need to follow: Log in (or create an account) at core.tn.gov. This would also be the case for a contractor wanting to reinstate an expired contractor's license. Examples for trade exams needed for classifications: Be sure to check in the county you plan to work. The same person taking the Business and Law is not required to take the trade exam and more than one person may take the exams for the company. WHAT TYPE OF FINANCIAL STATEMENT IS REQUIRED? Some files are Adobe Reader Files [pdf], 6.0 or higher. Also, must obtain licenses with the, Geothermal System requires a CMC-C (HVAC) exam. These applicants will receive a letter notifying an interview is required. l2X$DuYDJ4WL`]@$M?0 )wg BOARD INTERVIEW Step 1: General Renewal Information What you need to know about the expiration of your license and general renewal information Step 2: Completing Your Renewal Application Instructions for completing a renewal application Step 3: After Submitting Your Renewal Application The renewal process and how to ensure your license has been renewed Submit the non-refundable $250 application fee for a two-year . Here's how a contractor can get their license reinstated: Complete the "Contractor's License Application.". 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. The Board was originally established in 1931, and today remains a bridge between the consumers and contractors of Tennessee. State . Renewal license fees - $50 Reinstatement (expired more than 3 months) fees - $75 Mailing Address Mail your completed application to: Tennessee Board for Licensing Contractors 500 James Robertson Pkwy. The testing center does not allow using books which have notes written inside and you may not write in the books during the examination. In order for Contractors to retain renewal rights, they must respond in writing with the required information within 12 months of expiration date or place license in "Retirement". Pursuant T.C.A. Specialties :Cell/Communication Towers; Equipment Installation; Vinyl/Wood Siding; Fabrication of Above-Ground Storage Tanks/Vessels; Glass Installation; etc. See"Forms and Downloads"if additional resources are needed to complete the renewal or see ourFAQ's. Please allow 5 to 7 business days for mail delivery. Unlimited License Limit If you need more instructions or a balance sheet, it is available in the paper renewal form at:https://tn.gov/commerce/documents/regboards/contractors/forms/ContractorsRenewalWeb.pdf. The contractor's license is issued in the legal name and mode of operation exactly as on the financial statement. 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. If you cannot locate this number, you may contact theContractors Boardor theCustomer Service Center(be sure to include your license number). For example, if a residential contractor is building a house for a consumer, on their land, the land would not be part of the contract. 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). Must follow local license requirements and pay fees. Country . Section 1. License Search and Verification - Tennessee In addition, disclosures of felony, complaints and unpaid judgments relative to construction should also be included. The issuance of a certificate of responsibility or residential license by reciprocity to a military-trained applicant or military family member shall be subject to the provisions of Miss. hb```"76!b`0p(40t6*Lf 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.). For tips on searching licenses, see "License Search Tips". No annual tax return is required. 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. 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. More information at: (615) 741-9771 or theirwebsite. What contractor license exams are required? 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"). 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.). The license belongs to the owner of the entity providing the financial statement, therefore, it does not necessarily belong to the Qualifying Agent (QA), unless they are also the owner. If you have more than one (1) license with the Department of Commerce and Insurance, you may add these to your account. The monetary limit is the total dollar amount per each individual contract or project. 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. Tennessee - Tennessee Contractor's License Renewal Fees, reference books and online registration are available atPSI's Websiteor you may review theCIB (Candidate Information Bulletin)[pdf] on their website. If needed, you may contact the IRS for a Federal Employee ID # (EID/FEIN). Contractor's License Renewal . Change to Fireworks Registration - Revenue Requirement Fireworks Frequently Asked Questions (2021) License renewal applications are due 30 days before your license expires, so you'll want to make sure your RCE is completed well in advance of that date. Deadline Date for License Revision Requests: Last day of the month prior to the next Board meeting (requests requiring Board approval). Secure licensure testing with PSI Rule increased from *$70,000 to $125,000, effective 2/20/2014 to allow contractors to apply for a license up to this amount. Tn Contractors License Application Form - signNow 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. 4th Floor, Davy Crockett Tower Nashville, TN 37243-1150 Renew Your License - California Personal or parent supplemental statements are limited to 50% of working capital and net worth. 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.
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