License Transfer Application - Alliance for Contractors
ALLIANCE FOR CONTRACTORS
License Transfer Application
STANDARD PRIORITY
1. APPLICATION OVERVIEW
This comprehensive License Transfer Application facilitates the transfer of contractor licenses for business
ownership changes, corporate structure modifications, and personnel changes affecting license holder status. The
Alliance for Contractors provides integrated support services to ensure seamless transitions while maintaining
project continuity and regulatory compliance.
Application Types Supported
Ownership Transfer: Sale, merger, acquisition, or partnership changes
Corporate Restructuring: Entity type changes, reorganization, consolidation
Personnel Changes: Qualifying party changes, responsible managing employee updates
2. BUSINESS OWNERSHIP CHANGE APPLICATION
Section A: Current License Information
License Number:_________________________
Business Name:_________________________
License Classification:_________________________
Current Owner(s):_________________________
Ownership Percentage:_________________________
Section B: New Ownership Information
New Business Name:_________________________
New Owner(s):_________________________
New Ownership Structure:_________________________
Transfer Type:☐ Sale ☐ Merger ☐ Acquisition ☐ Partnership Change
Effective Transfer Date:_________________________
3. CORPORATE STRUCTURE MODIFICATION APPLICATION
Section C: Current Corporate Structure
Current Entity Type:☐ Corporation ☐ LLC ☐ Partnership ☐ Sole Proprietorship
State of Incorporation:_________________________
Federal EIN:_________________________
Section D: New Corporate Structure
New Entity Type:☐ Corporation ☐ LLC ☐ Partnership ☐ Sole Proprietorship
Reason for Change:_________________________
New Federal EIN:_________________________
4. PERSONNEL CHANGE APPLICATION
Section E: Current Personnel Information
Current Qualifying Party:_________________________
Reason for Change:☐ Retirement ☐ Resignation ☐ Termination ☐ Promotion
5. TRANSFER PROCEDURES AND WORKFLOWS
Standard Transfer Process
1Application Submission - Submit complete application with
required documentation
2Initial Review - Alliance conducts preliminary review and
completeness check
3Documentation Verification - Verify all supporting documents
and qualifications
4Regulatory Review - Submit to appropriate regulatory
authority for approval
5Final Approval - Issue new license or transfer confirmation
Expedited Transfer Process
Available for qualifying transfers with complete documentation and no regulatory complications. Reduces processing
time by 40-60% through streamlined review procedures.
6. QUALIFICATION REQUIREMENTS AND ELIGIBILITY
General Eligibility Criteria
Current license must be in good standing with no outstanding violations
All fees and penalties must be current
Insurance requirements must be maintained throughout transfer process
Bond requirements must be transferred or new bonds established
New qualifying party must meet all statutory requirements
Ownership Transfer Requirements
Purchase agreement or transfer documentation
New owner financial statements and credit reports
Proof of required insurance coverage
Workers' compensation insurance verification
New qualifying party designation and qualifications
Corporate Structure Change Requirements
Articles of incorporation or organization for new entity
Operating agreements or bylaws
State registration certificates
Federal and state tax identification numbers
Registered agent designation
Personnel Change Requirements
New qualifying party individual license verification
Experience documentation and references
Employment agreement or officer appointment
Background check and financial responsibility verification
Payment Schedule: 50% due with application submission, balance due prior to final approval
Refund Policy: Partial refunds available if application withdrawn before regulatory submission
8. APPROVAL TIMELINES AND PROCESSING SCHEDULES
Transfer Type
Standard Processing
Expedited Processing
Factors Affecting Timeline
Ownership Change
45-60 business days
20-30 business days
Complexity, documentation completeness
Corporate Structure
30-45 business days
15-25 business days
Entity type, multi-state operations
Personnel Change
20-30 business days
10-15 business days
Background checks, experience verification
Processing Milestones
Day 1-5: Application review and completeness verification
Day 6-15: Documentation verification and qualification review
Day 16-30: Regulatory authority review and processing
Day 31-45: Final approvals and license issuance
9. CONTINUITY PLANNING FOR ONGOING PROJECTS
Project Continuity Assessment
The Alliance ensures all active projects remain compliant and operational during the license transfer process
through comprehensive continuity planning services.
Active Project Documentation
Complete inventory of current projects and contracts
Project status reports and completion timelines
Client notification requirements and procedures
Subcontractor and supplier agreement reviews
Insurance and bond coverage continuity verification
Interim Licensing Solutions
Temporary license arrangements where permitted
Joint venture structures for project completion
Subcontracting arrangements with licensed entities
Project management company designations
Client Communication Strategy
Structured communication plan to maintain client confidence and project momentum during the transfer process.
Pre-Transfer Notification: 30-day advance notice to all active clients with transfer timeline and
continuity assurances.
During Transfer: Weekly status updates and direct access to Alliance project coordinators for any
concerns.
Post-Transfer: Formal introduction of new license holder and confirmation of all project
commitments.
10. ALLIANCE INTEGRATION SERVICES
Business Transition Consultation
Comprehensive analysis of your business transition needs with customized recommendations for license transfer
strategy, timeline optimization, and risk mitigation. Our expert consultants work with your team to develop
transition plans that minimize business disruption and maintain operational continuity.
License Transfer Planning Services
Strategic planning services that coordinate license transfers with business objectives, tax considerations, and
operational requirements. Includes regulatory compliance review, documentation preparation, and timeline
coordination with all stakeholders.
Legal Assistance for Complex Ownership Changes
Specialized legal support for complex transactions involving multiple jurisdictions, regulatory approvals, or
unusual ownership structures. Our legal team provides expert guidance on entity restructuring, contract
assignments, and regulatory compliance issues.
Corporate Restructuring Support
Complete support for corporate reorganizations including entity formation, asset transfers, liability
management, and regulatory notifications. Coordination with accounting and tax professionals to ensure optimal
business structure outcomes.
Business Valuation and Succession Planning
Professional business valuation services for ownership transfers and succession planning consultation for
family-owned contracting businesses. Includes estate planning coordination and generational transfer strategies.
Project Management Continuity Planning
Specialized project management services that ensure seamless project execution during ownership or personnel
transitions. Includes client relationship management, subcontractor coordination, and quality assurance
continuity.
11. REQUIRED DOCUMENTATION CHECKLIST
Standard Documentation for All Transfer Types
Current license certificate (certified copy)
Certificate of good standing from licensing authority
Current insurance certificates
Bond documentation
Financial statements (last two years)
List of current projects and contracts
Completed application with notarized signatures
Additional Documentation by Transfer Type
Ownership Changes
Purchase agreement or asset transfer documentation
New owner financial statements and credit reports
Proof of financing or cash availability
Management succession plan
Client notification letters
Corporate Structure Changes
Articles of incorporation/organization for new entity
Operating agreements or corporate bylaws
State business registration certificates
Federal and state tax ID documentation
Registered agent appointment
Personnel Changes
New qualifying party individual license
Resume and experience documentation
Employment agreement or appointment documentation
Background check authorization
Previous employer references
Applicant Certification and Signatures
I/We certify that the information provided in this application is true and complete to the best of my/our
knowledge. I/We understand that any false statements or misrepresentations may result in denial of the transfer
application or revocation of the license.