- Contractors must submit evidence of three years of experience and prime contractors must provide CPA prepared financial statements.
- The processing time on applications is approximately 60 days.
- Examination and experience requirements exist for all classifications of licenses.
- Trade and business law examinations require a passing score of 70%.
- The average processing time for applications is three months.
- A bond equal to ten percent of the contract price is required by the State Department of Revenue of out-of-state contractors.
- The bond is automatically released two years after notification of completion of the project.