What happens to a license that has not been renewed by the renewal date?

A license that has not been renewed by the renewal date is suspended. When a contractor's license is suspended, it means that the contractor cannot legally perform contracting work until the license is renewed. This is an important regulatory measure, as it ensures that only those contractors who have met all necessary requirements and maintained proper oversight continue to operate.

Once a license is suspended, the contractor typically has a specific period during which they can renew it before facing further penalties, such as cancellation of the license. Therefore, the suspension serves as a temporary hold, allowing the contractor a chance to rectify the situation by renewing their license and complying with the necessary regulations.

In contrast, cancellation would mean the license is permanently revoked, which happens after certain conditions are not met over time, and remaining active would indicate that the contractor can continue operations, which is not the case when the renewal deadline has passed. The option of transferring does not apply in this context, as transfer pertains to changing ownership or responsible party of the license, rather than the status of the license itself.