How To Obtain Your Contractor’s License In Louisiana
Who Needs A
Now that you know your business structure and the type of license you need to obtain, you need to fill out the application. You can easily access the form on the website for the official website for the Licensing Board. Here is some information that you will need to include in your application:
- Business Registration Information – If you have yet to register your business with the Louisiana Secretary of State, then do this immediately. You will receive a certificate that verifies your registration. Also, you’ll need to include any partnership agreements, articles of organization, or any other relevant business documents with your application.
- Qualifying Individual Information – The state of Louisiana requires that you submit information about the qualifying individual. If you are applying for a license on behalf of a company, then you will need to submit information regarding at least one licensed representative. This includes basic stuff such as their name, address, birthday, social security number, email address, and so on.
- Financial Statement – To become a concrete contractor, you must submit a financial statement. The statement must show that you have a net worth of at least $10,000. You also need to have an independent accountant prepare the document. If you don’t possess $10,000, then you can apply for a line of credit to meet this requirement.
- Insurance Certificates – Your insurance coverage should include General Liability and Workers’ Compensation. General Liability insurance should cover up to $100,000.
- Application & Exam Fees – Submitting a single application will cost $100, and you will need to pay $120 each time you take an exam.
You will need a score of at least 70% to pass each exam. There is also no delay in learning the results of your tests – the scores are computed immediately. If you didn’t pass, you’ll have to wait 30 days to retake it. However, if you pass both exams, you will receive your license and you can immediately begin providing services as a concrete contractor in the state of Louisiana!