Those bidding without a license, this violation requires the license to be held six (6) months. 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. Seminar Price: $495.00. Find A Regulation - Tennessee FEES PAYABLE TO: "STATE OF TENNESSEE" DO NOT USE THIS FORM FOR THE FOLLOWING : Renewal Fee $200.00 Retirement Qualifying Agent ( QA) Change Monthly Late Fee * $20.00 License Revision (Class / Limit / Name / Mode ) Change of Ownership * 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. Code Ann. After completing the online renewal questions and paying the fee, you will have the opportunity toattachthe required supporting documents as follows: Clickhere to view a video demonstration on how to create an account. 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. 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. Clickhereto view a video demonstration on how to create an account. 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, Exam Information - Candidate Information Bulletin, Department of Environment and Conservation, Department of Labor and Workforce Development, Alarm Systems Contractors Licensing Board, Guaranty Agreement and Bond Forms - Policy, Guaranty Agreement (Format and Instructions), Trade Exams(for various license classifications)- $55, Res/SmCom (BC-A,b(sm) - (Projects less than $750,000), *Full Mechanical -Plumbing & HVAC (CMC)Must be pre-approved, Licensed Masonry Contractor (LMC) - Projects $100,000 or more. These applicants will receive a letter notifying an interview is required. Corporate entities need to also include proof of active status with the Secretary of State. Landscaping - No trade exam; apply for a BC-29 classification. Also, developed lots for sale. The testing center does not allow using books which have notes written inside and you may not write in the books during the examination. (The reference does not have to come from a Tennessee resident. The LOC is an option available for those requesting a larger limit than one in which their financial statement qualifies. 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. Contractors Renewal Retirement and Revisions - Tennessee The supplemental statement is only used upto 50%. Reciprocity - MSBOC Guaranty Agreement Required 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. Note:Contractors with non-tested trades or "specialty" license classifications, cannot perform any electrical, mechanical or plumbing in excess of $25,000, and would be required to subcontract to properly licensed contractors. Tennessee - Tennessee Contractor's License Renewal WHY IS A FINANCIAL STATEMENT NEEDED? 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. Click Here for Minimal Activity Business License Application Forms and Downloads for Tennessee Board for Licensing Contractors ), 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. 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 QA may be an owner, officer, or full time employee (the QA does not own the license; license is issued to the entity providing the financial statement, insurance, etc. Contractor's must bid/contract in the exact name as licensed. You may download the renewal from the "Forms and Downloads". You are breaking the law if you do. 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. 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. 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.,). PSI offers special accommodations for those with disabilities and this information is in the "Candidate Information Bulletin". Trade Exam Waivers(Reciprocation) thZX*CE$b'6s e+F``l "@N@Bo#VbU]x9$>p'D@{?4-T]6jeX0ZP K_ Doing so is a violation of law. 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. If there is a history of complaints, judgments, convictions, etc., you may be required to appear for an interview. (Water Well Drillers must be certified with the Department of Environment and Conservation and may be contacted at 800-523-4873.) If submitting a change at the time of renewal, it may be delayed since the Board must review at their regularly scheduled meetings. Communication/cell towers; no trade exam. Licensing offers the consumers a mechanism to voice their concerns. For a list of these state community colleges, please refer to our website at:BC-A/r. (After a license has been expired for 3 months, must submit a new license application; less than 3 months, may renew with late fees.). 1O0BZq@m e`Q` QB Cash statement - cash without fixed assets, etc. All blocks must be checked. DoNOTcontract, bid or offer to engage before obtaining the license. Licensing, Renewal, & Reinstatement . 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). In addition, the contractor should only operate in the name as licensed. 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. **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.