- Generally, the applicant's qualifying party is required to pass examinations covering business and law and the specific trade with a minimum score of 70%. Documentation of four years experience and CPA prepared financial statements are required. Financial limits are set based on the financial statements.
- Performance bonds are required on contracts of $2,000 or more if the client requests it.
- Proof of workers' compensation insurance and public liability insurance in a total amount of $300,000 is required.
- Applicants must provide a letter of good standing from the Department of Employment Security.
- Licenses are renewed every two years.
- There is a contractors recovery fund that provides for limits of $75,000 per claim and $500,000 per claimant lifetime.
- There were 14,000 licensees as of October 1994.