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OTHER 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. For businesses that gross more than $3,000 and less than $10,000 annually. For masonry less than $100,000, the BC-9 is acceptable for a prime. These four (4) types of license revision requests must be approved by the Board at their regularly scheduledmeetings. Limited Partnerships must register with the Secretary of State. See the Law and Rulesfor legislative updates. 1O0BZq@m e`Q` QB Change to Fireworks Registration - Revenue Requirement Fireworks Frequently Asked Questions (2021) 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. Your fee will be attached to your application and submitted to: Tennessee Board for Licensing Contractors 500 James Robertson Parkway Nashville, TN 37243 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. In some cases, may need our stateLLE(Limited Licensed Electrician) license for permits and inspections. 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. You maydownload the renewalfrom the"Forms and Downloads". 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"). The contractors interview may be waived if the contractor's application was received complete and in order. Currently, only the Increase Monetary Limit and Transfer-Change Mode of Operation applications are available online. 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. and also your license monetary limit. What if the QA leaves? For more clarification to these options or access to the forms needed to complete the renewal, go to:"Renewal-Financial Options". The LOC is an option available for those requesting a larger limit than one in which their financial statement qualifies. In addition, there is not a limit on the amount of single projects ongoing. You are breaking the law if you do. 62-6-120. For more information, see Financial Statement Changes. Contractor's License Application Package Apply Online at: https://core.tn.gov/ Online Application Forms Resource [pdf] Exam Information - PSI Candidate Information Bulletin (Registration, Locations, Study Materials, Rules for Testing, etc.) Home Improvement/Limited Licensed Electricians & Plumbers, Change in Name, Ownership, Mode of Operation, Officers. Retirement Plans, specifically an IRA, 401K and Profit Sharing, will be allowed at 50%, Cash surrender value of life insurance policies, Trade accounts receivable and notes and other receivables that are expected to be collected within one year (if this amount represents the majority of working capital, the Board maynotutilize the full amount without a guaranty and personal financial statement). (After a license has been expired for 3 months, must submit a new license application; less than 3 months, may renew with late fees.) To obtain the annual license remit an application along with $15 to the Customer Service Dept. (See T.C.A. If licensed as a Corporation or LLC, ensure the status is active with the Tennessee Secretary of State's office at: Balance Sheet did not list assets and liabilities (current and non-current), Financial Statement is not in the name as licensed, Name Change or Mode Change may be requested to the Board by completing a license revision form(it is encouraged to do so prior to renewing), Working Capital and Net Worth do not support monetary limit on license. To renew your license, here are the steps you'll need to follow: Log in (or create an account) at core.tn.gov. Workers' Compensation insurance is required or you may supply proof of exemption. Contractor Revisions- Contractor's requests to revise or upgrade their license are due by thelast day of the monthprior to the Board meeting. Example: A contractor with classification "S-Food Service Equipment" would be required to hire a licensed mechanical contractor to perform refrigeration portions in excess of $25,000. 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. number at this time, however, it is not approved until the full Board votes during their business meeting. Inform your accountant of the size license you need. 615-741-8307 |800-544-7693 |Contractors.Home-Improvement@tn.gov, 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. Contact: (423) 697-3100, Pellissippi State Community College You will then submit an application to the state licensing board with required documentation. It is your responsibility to follow-up to ensure the renewal has been issued. ), Proof of insurance EXAMS (Cost $55) If you have moved, state mail is not forwarded. BC-A/r contractors may apply for an increase to their license limit by completing theIncrease Requestrevision form and supplying the required reviewed financial statement, prepared by a CPA, that supports the amount requested and list of experience (all instructions are included in the revision form). 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. State . Contractors should check with the license roster to ensure the *name they choose for the license is available and this may be confirmed at:https://verify.tn.gov. 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. Letter of Reference There are two types of exams: The Tennessee"Business and Law"exam is required byallcontractor license applicants. Clickhere to view a video demonstration on how to renew license online(after your account has been created). Department of Commerce & Insurance Administration License Roster Search License Search and Verification We are upgrading verifty.tn.gov to Public Search. 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). The insurance and financial statement is not required to place a license in retirement. Counties may adopt the Home Improvement License Requirement! 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. First Name * Last Name * Email * Primary Phone * Address. The Board meets during the months of January, March, May, July, September and November. 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. Upon receipt of the increase request, it will be presented to the next regularly scheduled Board meeting; no interview is required for revision requests. For tips on searching licenses, see "License Search Tips". These are the only states in which Tennessee has a trade exam waiver agreement. Please review T.C.A. Build residential houses only, take the BC-A exam. 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. More information at: (615) 741-9771 or theirwebsite. Contractors may take the license out of retirement any time by completing the 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. Out of State - Verify Coverage for Tennessee! In order to obtain a certificate of renewal, the following must be completed. Work on electrical transmission lines/sub-stations, needs CE-A,H (high voltage), only. endstream endobj startxref Next, get a general liability insurance policy and a letter of reference. All applicants must take the Tennessee"Business and Law"exam which is open book and based upon NASCLA's Tennessee "Contractors Guide to Business, Law and Project Management" reference manual which may be purchased by the publisher, exam vender or professional book stores. BC-A/R Limited Residential Restricted License - *$125,000 Limit Or Less, BC-A/r - Restriction Removal/Increase Request, Memphis State Community College/@Homeprep, McMinnville TCAT (Tennessee College of Applied Technology, Section 5. Please allow an additional 5 to 7 days for mailing any revision requests. "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. A contractor with a $200,000 limit may construct as many of these homes as long as each one does not exceed the limit. 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. Generally, current assets include the following: Note: The Board doesnotconsider notes receivables from related parties as a current asset. 62-6-118 and 120. 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. Apply for your business license online at http://www.tncountyclerk.com. 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. 62-6-111(b)(3-4), the CPA/LPA must prepare an Audited or Reviewed financial statement. 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. If submitting a change at the time of renewal, it may be delayed since the Board must review at their regularly scheduled meetings. The supplemental statement is only used upto 50%. 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. 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. (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. The fee to renew your TN contractor's license is $200. 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. Be sure the affidavit is signed and notarized by all applicable individuals (qualifying agent, owner(s), partners, members, main officers and major stockholders). Pre-License Exam Course Provider applications are also approved by the Board. Renewals should be submitted to the Board's office30 days prior to the expiration date. Click here to signup. 73-50-1. Board Approval required for the following revisions:Adding a Classification; Increase Monetary Limit; Name Change; and Mode of Operation Change (transfers). Inactive License Request(See "Retirement"), Reinstate from Retirement(Use "Renewal" form), Workers' Compensation Insurance (see "Insurance"), financial statement; certificate of insurance of general liability; RCE; proof of insurance or exemption for workers' compensation. The application for a certificate of renewal must be submitted to the Secretary of State on or before March 1 of each year. Working Capital and Net Worth For example, to build houses, the "Residential (BC-A)" trade exam would be required; for one of the 34 building categories or specialty, such as: "Landscaping (BC-29)", there is not a landscaping trade exam and only the "Business and Law" exam would be required. The Board was originally established in 1931, and today remains a bridge between the consumers and contractors of Tennessee. At renewal time, a contractor may supply a "Reviewed" financial statement for unlimited. **Note: Do not contract until the license "Revision" or new license has been approved**, Fire Prevention / State Fire Marshal's Office, Tennessee Law Enforcement Training Academy, Peace Officer Standards Training Commission, Fire Services & Codes Enforcement Academy, Contractors Renewal Retirement and Revisions, 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 license online, Corporate / LLC - Check Status with Secretary of State, Financial and Renewal Instructions Booklet, Guaranty Agreement and Bond Forms - Policy, Optional Forms for Supplemental Financials, Certificate of Insurance (COI) Cover Sheet, Registration for WC Exemption - Construction Services Provider, Workers' Compensation - Verify Coverage for Tennessee, 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, If the Qualifying Agent (QA) is no longer with the entity. Expiration date of 10/31/2013 would not owe a late fee as long as the renewal was received (not postmarked) by November 7th. In order to apply online, you must first set up an account at https://core.tn.gov/ You will need to have a Indv/Org# to create your account. 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.). 615-741-8307 | 800-544-7693 | Contractors.Home-Improvement@tn.gov Contractors and Home Improvement Customer Service Center Construction Manager is required to take the full BC exam. All steps must be followed with the exception of the exams; not required to be retaken if remained active in the industry for the past two (2) years. . Submit an online license application File a Complaint . 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. Address 1 . 62-6-507 and Rule 0680-07-.05). Enter your official identification and contact details. About the Board . A"Trade"exam may also be required, depending on the type of license classification requested (see"Contractor Classifications Outline"). Tennessee has a trade exam waiver(Reciprocal)agreement with several states, therefore, if you are actively licensed in one of these states, and the type of license you are requesting requires a trade exam, you may be able to obtain a trade exam waiver. 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).