Tennessee BC-AB Residential, Commercial Contractor

* A license is required when the total cost or contract amount is $25,000 or more.

Monetary limits for each license as follows:

* 10 times working capital OR 10 times net worth – whichever is LESS

* If the requested monetary limit is $3,000,000 or less, a reviewed financial statement is required.

* If the requested monetary limit is greater than $3,000,000 an audited financial statement is required.

* A license is not granted solely on meeting one requirement. All requirements must be met (exams, financials, experience, etc) and all information submitted is considered

Test Information: This test covers information in 9 subject areas. The questions are created from content in the 15 book set shown below the following chart.
Candidate Information Bulletin: Click here to download the bulletin.

Applicants must also pass a separate exam on Business Law and Project Management for Tennessee.