tn contractors license renewal application

Please allow an additional 5 to 7 days for mailing any revision requests. Please contact us for additional information, 1-800-992-1910. . 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. Any renewal lacking information will be sent a letter notifying the contractor to respond within 30 days. 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. Staff will notify applicants by email or mail to confirm receipt of your application and whether the interview is waived. Tennessee Construction Licensing Licenses are typically required for individuals and businesses that provide construction industry services. %PDF-1.5 % Must follow local license requirements and pay fees. For example, an electrical contractor is typically interviewed by a Board member experienced in the electrical field. ALine of Credit (LOC)in the Boards exact format may be considered to supplement working capital, only (does not supplement net worth). If you change the name of a registered entity with the Secretary of State, you must also request a license "Revision" to amend the contractor's license, prior to operating in the new name or mode of operation. Cannot use a family member's reference. 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.). Licensing offers the consumers a mechanism to voice their concerns. Supplying false information is grounds for having a license denied. For licensing information for projects less than $25,000, see Types of Licenses. Electrical wiring contracts inexcess of $25,000, need the CE exam. Also, must obtain licenses with the, Geothermal System requires a CMC-C (HVAC) exam. 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). If the 20th is on a holiday or weekend, the next business day is considered the deadline. If you cannot locate this number, you may contact theContractors Boardor theCustomer Service Center(be sure to include your license number). Also must provide information if disclosure of convictions, complaints, or judgments is needed. Retirement may be on an annual basis; biennial basis; retired with a maximum of seven (7) consecutive years; or as long as the license has an active status, it may be retired anytime by providing the $25.00 retirement fee for each year. %%EOF A license cannot be renewed if has been expired for 12 months; must apply for a reinstatement utilizing the initialcontractor's license application. STEP 5 - CORPORATIONS AND LIMITED LIABILITY COMPANIES. We are available Monday-Friday from 8:00 a.m. to 4:30 p.m. CST. Doing so may be considered as a security breach of the confidential exam questions. Environmental Specialties :Asbestos Handling (S-A); Underground Storage Tanks (S-B); Lead Based Paint Abatement (S-C); Hazardous Waste Removal (S-D); and Air, Water or Soil Remediation (S-E). 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. During the application process you will be prompted to upload the following information: A copy of the State of Tennessee LLE license or evidence of passing test score on a State of TN approved exam (CE without Business and Law exam), Contractor's License Renewal . Medical Gas Information & Approved Providers List, Medical Gas Application as a Certification Providers, P.I.P.E - Medical Gas Certification Resource, NITC (AMGI) Medical Gas Certification Resource, Business Tax License - Local Government Contacts, Request for Copies of Insurance or Home Improvement License Bond, Additional or Second Contractor's License, Reinstatement of Expired Contractor's License(Expired 12 months or more), Change in Ownership, Merger or Reorganization, Bookstores(Code Books and Reference Manuals for Exams), Education - Continuing Education is NOT required, Exam Resources and Information for Contractors, CPA (Certified Public Accountant) and Licensed Public Accountant - Information, Insurance Requirements for Licensing (See Contractor and Home Improvement Forms), Limited Restricted Residential BC-A/r License (See section "4"), Line of Credit (See "Financial Resources"), Subcontractors - Electrical, Mechanical, Roofing, Masonry)(same as "Contractor License Application"). Pending Renewals:Renewals received which lack the required financial supporting documentation, our staff will notify the contractor after the audit with options. 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. The only individuals required to be approved before taking the exam are plumbers; pre-approval is required by our Board to take the plumbing (CMC-A) or full mechanical (CMC) exam. 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. 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. The contractors interview may be waived if the contractor's application was received complete and in order. License classifications and monetary limits are based on experience, equipment, as well as a trade exam in some cases. Always allow30 daysfor processing! 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". This applies to prime and subcontractors. Line of Credit For more information, see Financial Statement Changes. Search Now Verify a License for example: accountants, barbers, real estate firms The law requires a Reviewed or Audited financial statement which must be prepared by a licensed independent accounting firm. Cash and cash equivalents available for current operations. To obtain an unlimited monetary limit on a license, the contractor must show $300,000 in both, working capital and net worth, as well as experience, with anauditedfinancial statement. After passing the test, you need to prepare an audited or reviewed financial statement. 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). Marketable securities representing the investment of cash available for current operations, including investments in debt and equity securities classified as trading securities. Code Ann. For tips on searching licenses, see "License Search Tips". *Note: Check with theDepartment of Labor and Workforce Developmentfor other requirements for Elevators and Boilers. Steps to Starting a Business Online Applications Submit Here Short Term Rental Application Contact Us Business Tax Division Physical Address View Map 150 Washington Avenue (Downtown Office) Second Floor Memphis, TN 38103 Directions Phone: : (901) 222-3059 East Branch Office 1075 Mullins Station Road West Wing Memphis TN, 38134 Hours Downtown Office A "Reviewed" or Audited financial statement from a CPA is required to renew for those with a monetary limit of$3,000,001 to Unlimited. You may request your license I.D. State . 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. We expect the system to be down for maintenance every Thursday beginning at 5:15 p.m. CST for up to 30 minutes. Pursuant T.C.A. The expiration date is on the last date of the month, in which the license was originally issued. You will be required to show two (2) forms of identification. An interview is not required, unless, there are complaints or felony convictions. 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. Check Your Status For Free Make sure you're in good standing with a free nationwide compliance analysis. A contractors license is issued with a classification and monetary limit in the name of the entity on the financial statement. There is not a 10% tolerance for the BC-A/r restricted residential licensees. Who takes the exam? 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.) This limit must cover the total project and it cannot be split into phases of smaller contracts to circumvent the law. 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. 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. Expiration of indemnities occurs at renewal time (no more than 2 years). 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. and also your license monetary limit. An interview is not required, unless, there are complaints or felony convictions. To obtain the annual license remit an application along with $15 to the Customer Service Dept. Generally, current assets include the following: Note: The Board doesnotconsider notes receivables from related parties as a current asset. 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). Renewals should be submitted to the Board's office30 days prior to the expiration date. 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. Contact: (865) 694-6400, Memphis State Community College/@Homeprep The Board meets every other month, six (6) times per year. Personal supplemental financial statements may be prepared by the contractor, in addition to providing their required review or audit. Contractor's License- Must be received by the20th of the month prior to the Board meeting. Clickhereto view a video demonstration on how to create an account. 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. Home Improvement/Limited Licensed Electricians & Plumbers, Change in Name, Ownership, Mode of Operation, Officers. However, if the contractor fails to apply for a license within this time period and remains active in the construction industry, such as performing projects where a license is not required (under $25,000), or working for another licensed contractor, or in another state, etc., then the Board may accept the scores after the two year period.