To earn a Full Mechanical Contractor (CMC) license or a Plumbing & Gas Piping (CMC-A) license, the application fee is $250. 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. Reciprocity is atrade exam waiver, only. If you have more than one (1) license with the Department of Commerce and Insurance, you may add these to your account. Masonry- Licensed Masonry Contractor (LMC) exam is required to perform masonry where the total project, including materials and labor, is $100,000 or more. Cannot use a family member's reference. For those not responding within 12 months of the expiration date, the renewal form is placed in archives for storage. Books may be shipped for overnight delivery. 1|2|3|4|5|6|7|8, Exam Registration with PSI Services, LLC Waived applicants will not be approved for a license until after the Board meets; therefore, do not use your license ID number until approved. 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 you experience problems with PSI, the exam vendor, you may report these complaints to our staff by email at:Contractors.Home-Improvement@TN.Gov. This information is available on the"Forms Downloads"section on the web. Exam scores are generally accepted for two (2) years by the Board. However, if the contractor is not building on the consumer's land, then it would be part of the total contract price; could not be split into two contracts, one for land and one for the house. Those bidding without a license, this violation requires the license to be held six (6) months. Contact: (865) 694-6400, Memphis State Community College/@Homeprep For more clarification to these options or access to the forms needed to complete the renewal, go to:"Renewal-Financial Options". For masonry less than $100,000, the BC-9 is acceptable for a prime. An interview is not required, unless, there are complaints or felony convictions. 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. To obtain your Indv/Org#, you may contact Customer Service or 615-532-3985 (be sure to include your license number). Always allow30 daysfor processing! The Board may limit the monetary license limit based on prior experience. Doing so could prevent being awarded the contract, civil penalties and license held for up to six (6) months. Note: Specialty license classifications are for unique types of contracting where there is not a standard classification provided in the Rules. 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. Walk-ins are not allowed and you must schedule an appointment ahead of time, but exams are offered daily. The same person taking the Business and Law is not required to take the trade exam. Unlimited License Limit A license cannot be renewed if has been expired for 12 months; must apply for a reinstatement utilizing the initialcontractor's license application. The only applications with a deadline for receipt, are those which require Board approval and are presented at their regular meetings listed on the"Public Meetings Calendar". . FAQs . Contractors are generally interviewed by a Board member who is familiar with the type of license requested. 62-6-135. 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 reference does not have to come from a Tennessee resident. See T.C.A. Residential, commercial and industrial building, take the BC exam. 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. endstream endobj startxref The Board office cannot fees in their office and must be provided to the Cashier. Raw, undeveloped land is not a current asset. The Board is charged with the responsibility of protecting the safety and welfare of the public, therefore, required to ensure the financial solvency of an entity obtaining a license. (Refer to T.C.A. 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 application form can also be obtained from the Business Tax Department in the Office of the Rutherford County Clerk. We are available Monday-Friday from 8:00 a.m. to 4:30 p.m. CST. Only one reference letter is necessary. PSI uses your social security number to register for the exams for identity purposesand you are required to provide a photo-ID. Personal supplemental financial statements may be prepared by the contractor, in addition to providing their required review or audit. Pending Renewals:Renewals received which lack the required financial supporting documentation, our staff will notify the contractor after the audit with options. See law updates for Workers' Compensation at the "Laws, Rules and Regulations" section of the website. May apply in a new name, mode of operation, different monetary limit or classifications. 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. - "OneStop Resource", Duplicate License Certificate - Request Form, FEIN / EIN - Federal Employer Identification Number, Workers' Comp Exemption Registry as Construction Services Provider, Section 2. 62-6-124. Therefore, a written request would need to be submitted with your contractor's license application to be reviewed by the Board at their next regularly scheduled board meeting. Individuals, those acting as the Qualifying Agent (QA) for the entity obtaining the license, may take the exam(s) on behalf of the business. Once the entire application is complete, submit with the$250.00nonrefundable application fee. 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. In addition, the contractor should only operate in the name as licensed. endstream endobj 939 0 obj <. 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. Contact: 800-952-0910, McMinnville TCAT (Tennessee College of Applied Technology Such as, change the mode of operation; increase their licensed monetary limit; add a classification; add or remove their Qualifying Agent; or may retire the license if they are not working and want to cancel insurance. For more information, see Financial Statement Changes. Must follow local license requirements and pay fees. (Water Well Drillers must be certified with the Department of Environment and Conservation and may be contacted at 800-523-4873.) 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. If the application was lacking information and incomplete, you will be notified of additional information needed. In order to renew your residential contractor license without issue, you will need to complete your RCE before submitting your license renewal application. Alist of these course providersare available from our website. In this case, only take the "Tennessee Business and Law" exam. To renew online, you must first set up an account and will need to have a Indv/Org # located on your notice of renewal. Trade Exams If bringing a contractor's license out of retirement during the second year of the renewal cycle, the law does not provide a means to waive one year of the renewal fee. Your fee will be attached to your application and submitted to: Tennessee Board for Licensing Contractors 500 James Robertson Parkway Nashville, TN 37243 Contractor - Renewal & Retirement Section 3. You maydownload the renewalfrom the"Forms and Downloads". (Must attach designated qualifying agents (QA) training certifications and resum'e in these areas.) Request information on this class. *Note: Highway contractors bidding to the Tennessee Department of Transpiration (TDOT) would need to pre-qualify with this department and a license from our Board may not be required. PSI offers "Exam Review" for a fee to review areas for your strength and weaknesses. Whenever there has been a majority change of ownership, a new license application must be completed in lieu of renewing. The application is reviewed and general questions will be asked about contracting experience and to make sure the license classification covers your type of projects. Be sure to contact the Board office to apply for achange (name, mode of operation)and obtain a new license before contracting. 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. General Liability is required based upon the monetary limit of a contractor. The insurance and financial statement is not required to place a license in retirement. You may request your license I.D. There is a grace period of 7 days after your license expires to have your renewal application postmarked. PSI offers special accommodations for those with disabilities and this information is in the "Candidate Information Bulletin". Here's how a contractor can get their license reinstated: Complete the "Contractor's License Application.". and insurance to be in the new name. For example, a license with an expiration date of 3/31/2012 (2012 Renewal) was retired on March 1, 2012 for two years with a retired expiration date of 3/31/2014, then if the license is reactivated on June 1, 2013, the contractor would be required to pay the 2012 renewal fees ($200) when bringing out of retirement and the license expiration date would remain the same as 3/31/2014 (after renewing the 2012 renewal). If the working capital is mainly uncollected accounts receivable, the Board may not utilize the full amount. The classification for this license is " BC-A/r". For example, if a residential contractor is building a house for a consumer, on their land, the land would not be part of the contract. A contractor cannot split a contract into phases to work within their limit, however, a 10% tolerance is allowed. Upon receipt of the completed application, the applicant will be scheduled for an interview with the Board at their next regularly scheduled Board meeting (see Public Meetings Calendar). One must be a valid form of government issued identification(driver's license, state ID, passport) which bears your signature and pre-prited legal name. Please ask your CPA/LPA to assist you with determining the amount of your working capital and net worth to ensure you qualify for the limit requested. The expiration date is on the last date of the month, in which the license was originally issued. For businesses that gross more than $3,000 and less than $10,000 annually. An in-house financial statement must be provided by the subsidiary (entity obtaining the license), in addition to the parent company's audited financial statementand indemnity. Solar Panel - Must state you will hire an electrical subcontractor or an electrical trade exam will be required. Full "MU" requires a BC or BC-B trade exam; however, a contractor with a MU or BC or BC-B is considered acceptable to bid water treatment plants. This limit must cover the total project and it cannot be split into phases of smaller contracts to circumvent the law. However, due to scheduling volume, waiting time could take more than an hour. License has been expired more than 24 months and does not provide a written request for waiver with evidence showing the QA has remained active in the industry (working as a sub; working on smaller projects; working for a licensed contractor; working in another state; etc. *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. Bidding and contracts must be in the exact name as licensed, as well. Please allow 5 to 7 business days for mail delivery. 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. and also your license monetary limit. 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). If the 20th is on a holiday or weekend, the next business day is considered the deadline. 62-6-135). 1/1/2012); and South Carolina. 73-50-1. More Board meeting information is available at the"Calendar"on the website. Staff must receive in the Board office prior to the deadline date (last day of the month prior to the Board meeting) in order to have in time to process (review, audit, copy for members, add to meeting books, etc.). Net worth is total assets minus total liabilities. For a Limited Licensed Plumber (LLP) license, the exam fee is once again $57 and the application fee is $75. The law requires a Reviewed or Audited financial statement which must be prepared by a licensed independent accounting firm. 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. Certificate of Insurance for General Liability; Workers Compensation Information (Certificate of Insurance, or Construction Service Provider exemption, unless claiming the Handyman exemption); and. Submit the "Letter of Reference" from the application and have it completed by a past client or employer who may comment about your construction work/experience OR a code official who has inspected your work. Please note, the exam center offers special accommodations for those with disabilities, or for those wanting to take a Tennessee exam in another state. A homeowner is exempt from obtaining a home improvement license to perform work on their own property. (Note: If you have a suffix, such as: Jr., Sr., III, etc., this must be included!). Those who are obtaining a restricted residential (BC-A/r) must interview; those with not enough experience provided on the application (3 years); those with felony convictions; and those with complaints are also not waived. Those needing a license revised prior to the Board's next meeting may qualify as a"Hardship"(request for early/emergency review) if the owner of the project needs and supplies the request. 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. For example, if you plan to contract homes no more than $150,000 per contract, your CPA can help determine if your financial statement meets the criteria. 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. The Board meets every other month, six (6) times per year. (See T.C.A. 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 *
Why Did My Activision Name Change To User,
Saint Nicholas Flea Market Latham,
Smith Gardens Oakwood,
Articles T