![]() ![]() Trade knowledge ensures that contractor applicants know how to do the job properly. Most states that offer contractor licensing exams have at least two main sections: trade knowledge and business law. Contractors also need to run fair and ethical businesses, and states need to ensure they do so to protect consumers. Consumer protectionīuilding isn’t the only aspect of running a contracting company. Most of these reasons are to ensure that the contractor is capable and responsible on several different levels. But the truth is, there are plenty of reasons to be properly licensed. On the surface, a contractor license might seem like just another hurdle in starting a business. The bottom line: Licensing can protect your rights as a contractor.State-by-state: Contractor licensing rules & penalties.Licensing, registration, and certification: What’s the difference?.When determining the amount of bond required, the Board will consider the type of license requested, monetary limit granted, past, present or future financial responsibility, experience, and character of the applicant. ![]() The bond can vary in amount from $1,000 to $500,000. The Nevada State Contractors Board determines the amount of the bond at the time of license approval. Each contractor’s license issued in the State of Nevada requires a license bond.You must submit a current financial statement (statement) with the application.The contractor or other person who will act as the qualifying individual must have had, within the ten years immediately before the filing of the application, at least four full years of experience at a journeyman level, or as a foreman, supervisor, or contractor in the classification for which you are applying.Credit for experience is given only for experience at a journeyman level or as a foreman, supervising employee or contractor. You must have at least four years of experience to qualify.Or, you must be represented by someone else with the necessary experience and skills, who serves as your qualifying individual. To qualify to become a licensed contractor you must have the experience and skills necessary to manage the daily activities of a construction business, including field supervision. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |