Arkansas Contractor's License FAQ
A commercial contractor’s license is required in Arkansas if you are performing commercial construction with a value of $50,000 or more.
A residential contractor’s license is required in Arkansas if you are performing residential construction with a value of $2,000 or more.
A commercial restricted contractor’s license in Arkansas allows contractors to perform a project up to $750,000.
An unrestricted commercial contractor’s license in Arkansas allows a contractor to perform work up to any dollar amount on a project.
You must have three (3) reference letters to obtain your contractor’s license in Arkansas.
The working capital for a Building License in Arkansas is $50,000. $25,000 of this must be in cash. You must present a financial report from a CPA on you contractor’s license application.
If the applicant has one or more employee, the applicant must have worker’s compensation insurance.
No, the NASCLA exam is not required to obtain your contractor’s license in Arkansas. You may also take the Arkansas Business and Law Exam. However, if you have already taken the NASCLA exam you may waive the Business and Law exam and get your license quickly.