The license does not have to be reinstated the same as it was prior to expiring. Payment can be made by personal or cashier's check, but not cash or credit cards. There is a grace period of 7 days after your license expires to have your renewal application postmarked. A contractor licensee with a CE or CMC-C must register with the Alarm Systems Contractors Board in order to install alarm security systems. Scores are given upon completing the exam, so you know right away whether you passed. Residential, commercial and industrial building, take the BC exam. Supplying false information is grounds for having a license denied. The expiration date is on the last date of the month, in which the license was originally issued. 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. The total cost of the project includes land, materials, labor, as well as profit. 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. A contractor's license is required prior to contracting (bidding or negotiating a price) whenever the total cost of the project is $25,000 or more. See T.C.A. Process Piping - covers welding of the piping system; NO test, (CMC-B) classification. 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. Be sure to list all experience of owners and officers. 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. The LOC is an option available for those requesting a larger limit than one in which their financial statement qualifies. Personal Guarantor - Guaranty Agreement must include a personal financial statement from the owner(s) and is not required to be an audit or review; may self prepare personal supplemental financial statements with the entity's Review or Audit. 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). The classification for this license is " BC-A/r". 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. The "Well Driller" needs to be licensed with, Electrical wiring, in excess of $25,000, must take the CE (electrical exam). Nashville, TN 37243-1150. 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), There is not a grace period to continue to operate while the license is expired; however, a contractor has renewal rights up to 12 months before they are required to complete a new license application to reinstate a license. Comprehensive Online Regulatory & Enforcement System. If submitting online, attesting does not require a notary. Exam Guidelines and Security Procedures for Books Solar Panel - Must state you will hire an electrical subcontractor or an electrical trade exam will be required. Tennessee Contractors Count on CRS CPA This includes new, reinstatements, second or additional license requests, and mergers/reorganizations applicants for a new contractor's license to be issued. Please visit us here: https://search.cloud.commerce.tn.gov/ For best results, please limit the number of search fields. (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. WARNING:A contractor does not have a grace period to continue to contract once the license expires. A contractor with a $200,000 limit may construct as many of these homes as long as each one does not exceed the limit. NOTICE! The Board requires the financial statement to be current (less than 12 months), and according to Generally Accepted Accounting Principles (GAAP). Please allow an additional 5 to 7 days for mailing any revision requests. Always allow30 daysfor processing! 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. Email: Contractor.App@tn.gov. Please include the completed reference with your application. (The reference does not have to come from a Tennessee resident. . The contractors interview may be waived if the contractor's application was received complete and in order. View all Residential Contractor License Types General Contractor Licensure. See the"Contractor Classification Outline" to review all of the various types of contractors regulated. See the Law and Rulesfor legislative updates. Personal or parent supplemental statements are limited to 50% of working capital and net worth. In order to increase the license more than $125,000 to remove restriction, must take the exams and provide a reviewed financial statement. We are available Monday-Friday from 8:00 a.m. to 4:30 p.m. CST. Confidential Records - Financial statements and indemnities are not considered public records. More information is available on the"Reciprocation"section on our website. Subscribe for Board Updates . The interview is informal and takes no longer than 30 minutes. Revision requests for Board approval include: Add Classifications; Increase Monetary Limit; Change Mode of Operation; and Name Changes. Please allow 5 to 7 days for mail delivery when submitting prior to the deadline date. 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. Call 865-215-3669 or email bldginspections@knoxvilletn.gov If you have planned improvements coming up, you will likely need a permit. in lieu of sending by mail. Home ImprovementLicenses- Must be receivedby the20th of the month prior to the Board meetingto ensure it is reviewed at the next meeting. Any renewal lacking information will be sent a letter notifying the contractor to respond within 30 days. 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). 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. At renewal time, your status must be "Active" in order to renew. Example: Expiration date of 10/31/2023; if renewal is received on December 1, 2023, a late fee would be assessed for two (2) months. hb```"76!b`0p(40t6*Lf 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. 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. You will need your license number and registration code which was provided on your renewal notification. An interview is not required, unless, there are complaints or felony convictions. The Board was originally established in 1931, and today remains a bridge between the consumers and contractors of Tennessee. Working capital is current assets minus current liabilities. Cannot use a family member's reference. These are the only states in which Tennessee has a trade exam waiver agreement. WHO MUST PREPARE THE FINANCIAL STATEMENT? In addition, the contractor should only operate in the name as licensed. It is your responsibility to follow-up to ensure the renewal has been issued. Seminar Price: $495.00. Deadline Date for License Revision Requests: Last day of the month prior to the next Board meeting (requests requiring Board approval). In addition, there is not a limit on the amount of single projects ongoing. 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. Communication/cell towers; no trade exam. Contractor's License Renewal . Once the entire application is complete, submit with the$250.00nonrefundable application fee. You may also call PSI (800-733-9267), however, online is found to be quicker. Personal supplemental financial statements may be prepared by the contractor, in addition to providing their required review or audit. See"Forms and Downloads"if additional resources are needed to complete the renewal or see ourFAQ's. PSI offers special accommodations for those with disabilities and this information is in the "Candidate Information Bulletin". No annual tax return is required. A contractor is allowed a 10% tolerance, unless, they have a BC-A/r classification (residential restricted limited license). This applies to prime and subcontractors. Submit an online license application File a Complaint . You are breaking the law if you do. 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. If you have more than one (1) license with the Department of Commerce and Insurance, you may add these to your account. Summary of Reinstatement Instructions Also must provide information if disclosure of convictions, complaints, or judgments is needed. Generally, current assets include the following: Note: The Board doesnotconsider notes receivables from related parties as a current asset. If you'd rather not apply by snail mail, the contractor license Tennessee application will allow you to . Failing to attach all required documents prevent the renewal from being processed. Out of State - Verify Coverage for Tennessee! Deadline:Contractor's license applications must be received by the Board office prior to the deadline date which is the20th of the month prior, to the Board meeting. Attach an explanation where applicable. Business and Law exam is NOT required to be retaken, BC-A/r (Restricted Limited License) expired licensees must retake the course, The original Qualifying Agent (QA) is still with the company. Within a reasonable time prior to the next Board meeting (requests requiring Board approval). The Board meets during the months of January, March, May, July, September and November. A contractor with a monetary limit of $150,000 may contract up to $165,000 without being in violation (see Rule 0680-01-.13). Fees, reference books and online registration are available atPSI's Websiteor you may review theCIB (Candidate Information Bulletin)[pdf] on their website. Renewal Applications Approximately 60 days before your license is due to expire, CSLB will send you a renewal application. Certificate of Insurance for General Liability; Workers Compensation Information (Certificate of Insurance, or Construction Service Provider exemption, unless claiming the Handyman exemption); and. Pay close attention and select "Reinstatement of Expired License" on Page 1. 62-6-120. This is decided by the Board and the staff cannot make this determination. Municipal Utility (MU)such as: Underground Piping (MU-A); Grading and Drainage (MU-C); Gas Distribution and Transmission Lines (MU-A,1). 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. If submitting a change at the time of renewal, it may be delayed since the Board must review at their regularly scheduled meetings. **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. Reciprocity is atrade exam waiver, only. For more clarification to these options or access to the forms needed to complete the renewal, go to:"Renewal-Financial Options". Note: If you have been disciplined or convicted of a felony, the Board will not accept. (Refer to T.C.A. 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. 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. Monetary limits are based 10 times the lesser of both working capital and net worth (plus experience). This is a separate license within the Board. *ABondin the Board's format may be suppliedin lieu of the Guaranty Agreement, in the amount of $500,000; or $1,000,000 for an Unlimited monetary limits. Marketable securities representing the investment of cash available for current operations, including investments in debt and equity securities classified as trading securities. 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. 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. If the gross receipts are $3,000 to $9,999, the . ), 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.

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