Number Pages In Legal Tennessee Subcontractors Forms For Free

Licensing Steps Step 1 (Testing - Exam and Reciprocal Information) [All must pass the "Business and Law" exam] Step 2 (Financial Statement) Step 3 (Reference Letter and Insurance) ... Step 4 (Corporations. ... Step 5 (Application, Signatures, and Notarize) Step 6 (Submit Application & $250 fee)

No License: Projects Under $25,000 Tennessee requires all contractors and subcontractors to obtain the proper licensing in order to bid on or negotiate for contracts valued at $25,000 and above. That means projects under $25,000 do not require a contractors license.

Unlicensed contractors can face criminal penalties, too. Violation of the licensing requirements is a Class A misdemeanor, which can result in up to one year of jail time and fines up to $2,500.

For an initial Tennessee contractors license, a contractor must provide a reviewed financial statement for monetary limits less than $3 million. For monetary limits greater than $3 million, an audited financial statement is required.

A Tennessee contractor's license is required BEFORE bidding or offering a price, for projects $25,000 and up (includes materials and labor), as a prime (general) contractor; and also subcontractors performing electrical, mechanical, plumbing, HVAC, roofing and masonry are also required to be licensed as a contractor, ...

A homeowner of the residential property may perform work themselves ( individual use), without a contractor's license, as long as the residential structure is not open to the public; or for sale, lease or rent). Allowed one homeowner permit once every two (2) years.