Seminar Price: $495.00. All licenses must be renewed every two years. If you prefer to renew by mail, you may print the renewal form below. Please include the completed reference with your application. ), 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. Deadline Date for License Revision Requests: Therefore, some contractors will be seen earlier. Parent company may supply the Audited financial statement for a subsidiary obtaining the license, but must provide an indemnity, such as a Guaranty Agreement or Bond. Residential, commercial and industrial building, take the BC exam. 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"). Code Ann. Contact: (423) 697-3100, Pellissippi State Community College 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. *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). A contractor with a monetary limit of $150,000 may contract up to $165,000 without being in violation (see Rule 0680-01-.13). Walk-ins are not allowed and you must schedule an appointment ahead of time, but exams are offered daily. 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. The Board requires the financial statement to be current (less than 12 months), and according to Generally Accepted Accounting Principles (GAAP). 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. Department of Commerce & Insurance Administration License Roster Search License Search and Verification We are upgrading verifty.tn.gov to Public Search. Reciprocal agreementsdo NOT allow using another state's license in Tennessee, but provides a trade exam waiver, only. 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. 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. DoNOTcontract, bid or offer to engage before obtaining the license. If the 20th is on a holiday or weekend, the next business day is considered the deadline. May apply in a new name, mode of operation, different monetary limit or classifications. The Blount County, TN County Clerk provides an application for a Business license on the County Clerk's Online Services webpage. Since the limit is based on the lesser of the two, a contractor with a working capital of $10,000 and net worth of $200,000 would qualify monetarily for a limit of $100,000. The Worker's Compensation Exemption Registry has been moved to the Department of Labor and Workforce Development. 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. Renewals submitted without all the required information to renew, cannot be issued and an extension to contract on an expired license cannot be granted. Home Improvement/Limited Licensed Electricians & Plumbers, Change in Name, Ownership, Mode of Operation, Officers. 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. Thank you for visiting CORE! 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. OTHER 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. Allow us to find the right contractor for your project. Applications are due on the 20th of the month prior to the Board meeting. Review their "special accommodations" in their"Candidate Information Bulletin"). "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. If you'd rather not apply by snail mail, the contractor license Tennessee application will allow you to . 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). See the Law and Rulesfor legislative updates. Licensing, Renewal, & Reinstatement . 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. Masonry- Licensed Masonry Contractor (LMC) exam is required to perform masonry where the total project, including materials and labor, is $100,000 or more. 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. 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. In addition, the financial statement may be examined by the Comptroller of the Treasury or their designee. Licenses with a delinquent status are typically those who owe a late fee. Certificate of Insurance for General Liability; Workers Compensation Information (Certificate of Insurance, or Construction Service Provider exemption, unless claiming the Handyman exemption); and. Contractor's failing to complete the license renewal within 12 months of the expiration date, would need to complete the new license application. Books may be shipped for overnight delivery. The "Well Driller" needs to be licensed with, Electrical wiring, in excess of $25,000, must take the CE (electrical exam). An interview is not required, unless, there are complaints or felony convictions. Now you can signup online! SpecialAccommodations The insurance and financial statement is not required to place a license in retirement. Once completed, the form provides the information necessary to create a record of your business; classify the business; and issue a license. The Board was originally established in 1931, and today remains a bridge between the consumers and contractors of Tennessee. State . Obtaining a License You may obtain your business license at the finance department, by mail, or download the application. This applies to prime and subcontractors. 62-6-102(4)(A) and (E)(5). Permanent tabs are allowed, however, post-it notes cannot be used. Contractor Revisions- Contractor's requests to revise or upgrade their license are due by thelast day of the monthprior to the Board meeting. To renew your license, here are the steps you'll need to. 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. A deadline date is required due to the timely review process it takes by staff to ensure the file is in correct order and complete to present at the next regularly scheduled Board meeting. Therefore, it may be a sole proprietor, corporation, partnership, or LLC. Pay close attention and select "Reinstatement of Expired License" on Page 1. The interview is informal and takes no longer than 30 minutes. See Public Meetings Information for more information. Also, developed lots for sale. 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!) Tennessee Contractors Count on CRS CPA Contractors are generally interviewed by a Board member who is familiar with the type of license requested. You are breaking the law if you do. Certificate of Insurance for General Liability; Workers Compensation Information (Certificate of Insurance, or Construction Service Provider exemption, unless claiming the Handyman exemption); and. Income tax statements are not acceptable as a 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. WHY IS A FINANCIAL STATEMENT NEEDED? 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. These should be submitted assoon as completing the online renewal and may be sent to our. Effective April 28, 2017, Public Chapter 237 changed the financial statement requirements for contractor licensing. See law updates for Workers' Compensation at the "Laws, Rules and Regulations" section of the website. Contractor License - Application For New (Initial); Reinstatement; or Additional Licenses Section 2. The person taking the exam will know immediately whether they have passed or failed the 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. (Note: If you have a suffix, such as: Jr., Sr., III, etc., this must be included!). Municipal Utility (MU)such as: Underground Piping (MU-A); Grading and Drainage (MU-C); Gas Distribution and Transmission Lines (MU-A,1). Be sure the affidavit is signed and notarized by all applicable individuals (qualifying agent, owner(s), partners, members, main officers and major stockholders). At the "License Search", the license status will show "Active" with an expiration date; classification; an the monetary limit assigned to the license. Also, must obtain licenses with the, Geothermal System requires a CMC-C (HVAC) exam. 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). If the gross receipts are $3,000 to $9,999, the . In addition, only silent, non-programmable calculators may be used when taking the exam. (Must attach designated qualifying agents (QA) training certifications and resum'e in these areas.) 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). Cash statement - cash without fixed assets, etc. 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. About the Board . The Board meets during the months of January, March, May, July, September and November. Effective April 28, 2017, Public Chapter 237 changed the financial statement requirements for contractor licensing. The renewal fee is $200 and each month late is $20. The contractor's license is issued in the legal name and mode of operation exactly as on the financial statement. 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. 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. In addition, a license with a "Retired" status is not legal to operate and the same as "unlicensed". Please allow 5 to 7 days for mail delivery when submitting prior to the deadline date. 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.
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