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For a contractors license, Arkansas generally requires the following: A completed application for the specific license type. A $100 filing fee. Three references who can verify work experience and arent related to you. A $10,000 contractors bond (for commercial license applicants only)
How To Write A Construction Contract With 7 Steps Step 1: Define the Parties Involved. Step 2: Outline the Scope of Work. Step 3: Establish the Timeline. Step 4: Determine the Payment Terms. Step 5: Include Necessary Legal Clauses. Step 6: Address Change Orders and Modifications. Step 7: Sign and Execute the Contract.
17-15-103 declares it a misdemeanor for any person or entity to engage in the business of contracting unless he or she is licensed or exempt from the licensing requirement of the Arkansas Contractors Act.
All commercial contractors working on any project that is not a single-family residence where the contract value is $50,000 or more need a license. Arkansas considers single-family residences any building that holds up to four residences. Residential contractors require a license if they work on projects over $2,000.
The penalty for working without a contractors license in the state of Arkansas is a fine between $100 and $200 per unlicensed work day. It is a misdemeanor that can further open up a construction firm to a lawsuit from a disgruntled property owner.
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Arkansas. In Arkansas, you do not need a license to do general handyman work worth up to $2,000. However, if you plan to do any specialty work, which includes flooring and painting, you will need a license, even if it is worth less than $2,000.
While it is possible to sue contractors that have gone out of business, there are some important factors to consider: First, timely reporting of the issue is vital.
Contact the contractors board, submit a complaint and start the process. Often times investigators will be very helpful in assisting you with obtaining reimbursement, via the contractors bond or otherwise, and will help determine if the licensed professional was culpable or liable for the unlicensed persons work.

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