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. Electrical Installer (E) City of Knoxville TCA 62-6-111; TCA 62-6-116; 62-6-124; Rule 0680-1-.13; Rule 0680-1-.14; and Rule 0680-1-.15. Effective September 25, 2012, the Board considers indemnities as part of the financial statement. In addition, the financial statement may be examined by the Comptroller of the Treasury or their designee. If you need assistance, please call 615-741-2241. 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. A contractor may place their active license into retirement, anytime after renewing the license (such as, due to canceling insurance while not working) or prior to the license expiring; If the contractor's license has expired (less than 12 months), they may retire by submitting the renewal and lates fees; plus the retirement fee. In order for Contractors to retain renewal rights, they must respond in writing with the required information within 12 months of expiration date or place license in "Retirement". Rule increased from *$70,000 to $125,000, effective 2/20/2014 to allow contractors to apply for a license up to this amount. . File a Complaint . Fulfill your CEU requirements and advance your HVAC career with an HVAC seminar from American Contractors Exam Services 800.955.7277 Tennessee - Tennessee Contractor's License Renewal May apply in a new name, mode of operation, different monetary limit or classifications. **Roofing subcontractors must be licensed as a contractor, effective January 1, 2014, in addition to performing work currently as a prime, for projects $25,000 or more. Supplemental Working Capital and Net Worth. There are two types of exams: The Tennessee"Business and Law"exam is required byallcontractor license applicants. Staff will notify applicants by email or mail to confirm receipt of your application and whether the interview is waived. The license is not transferable to new owners. Business License | City of Franklin, TN See T.C.A. 1/1/2012); and South Carolina. Clickhere to view a video demonstration on how to renew license online(after your account has been created). Make sure your entity is filed in the same name as the financial statement. We expect the system to be down for maintenance every Thursday beginning at 5:15 p.m. CST for up to 30 minutes. A contractor cannot split a contract into phases to work within their limit, however, a 10% tolerance is allowed.