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You will be required to show two (2) forms of identification. 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. Work on electrical transmission lines/sub-stations, needs CE-A,H (high voltage), only. Email: Contractor.App@tn.gov. See"Public Meetings Calendar"for dates. License certificates are issued after the Board meeting and they take approximately 1 to 2 weeks for staff to complete. Code Ann. The Board was originally established in 1931, and today remains a bridge between the consumers and contractors of Tennessee. Monetary limits are based 10 times the lesser of both working capital and net worth (plus experience). Subscribe for Board Updates . 73-50-1. Do not use the license until your license is issued and in active status. 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). You may download the renewal from the "Forms and Downloads". In order to increase the license more than $125,000 to remove restriction, must take the exams and provide a reviewed financial statement. The QA must register with PSI to take the exam. After passing the test, you need to prepare an audited or reviewed financial statement. Cash statement - cash without fixed assets, etc. This is a separate license within the Board. Unlimited License Limit 62-6-120. This is decided by the Board and the staff cannot make this determination. Nashville State Community College For example, a contractor with a net worth of $50,000 is wanting a license for $1,000,000, which requires a net worth of $100,000. Doing so could prevent being awarded the contract, civil penalties and license held for up to six (6) months.
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