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Commonly Asked Questions about Tennessee Construction Contractor Forms

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.
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 docHub) Step 6 (Submit Application $250 fee)
How much does a general contractor license cost in Tennessee? Licensing StepFee Original Appplication $250 Exams $57 for Trade Exam $57 for Business and Law Eam Renewal $200 Renewal (Late) +$20 for every month1 more row Aug 28, 2023
The law requires an Audited or Reviewed financial statement. 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.
Reciprocal agreements do NOT allow using another states license in Tennessee, but provides a trade exam waiver, only. License issuance takes 4 to 6 weeks.
A license is required for jobs over $25,000. - We offer application processing for Tennessee contractors applications for $299.00. The state application fee is $250.
A handyman in Tennessee is not required to hold a state license unless the job they are working on is worth more than $25,000. A home improvement license is required for remodeling jobs worth between $3,000 and $24,999. Licenses are awarded by the Department of Commerce and Insurance Board for Licensing Contractors.