VIRGINIA CONTRACTOR'S FINAL PAPER 2026
QUESTIONS WITH SOLUTIONS GRADED A+
◉ What is the PRIMARY purpose of licensing? Answer: Protect the
health and welfare of the public.
◉ The application for licensure MUST include. Answer: the business
address of the proposed designated employee.
◉ All of the following must be licensed EXCEPT. Answer: a material
supplier who advises a contractor.
◉ When a claimant is paid funds from the Contractors Recovery Trust
Fund. Answer: the contractor's license is revoked.
◉ All Class A contractor licensure applications MUST include. Answer:
information on the knowledge, skills, and abilities of the applicant.
◉ Which of the following is a requirement for a joint venture? Answer:
Either the joint venture or each contracting party of the joint venture
must be licensed
◉ How much is the Class A initial license fee not including the
Recovery Fund fee? Answer: $360
, ◉ According to the Board Rules and Regulations, a full-time employee
is one who works a MINIMUM of how many hours per week? Answer:
30 hours.
◉ According to the Board Rules and Regulations, which of the
following could be a qualified individual? Answer: Any full-time
employee
◉ A firm desiring to be licensed as a Class B contractor MUST have a
MINIMUM net worth of. Answer: $15,000
◉ A licensee's name change MUST be reported to the Board within a
MAXIMUM of how many days? Answer: 30 days.
◉ Additions to buildings MUST comply with. Answer: the current code
for new construction.
◉ When MUST the work be stopped following the issuance of a stop
work order? Answer: Immediately
◉ Who is to be in charge of a local building department? Answer:
Building official.
QUESTIONS WITH SOLUTIONS GRADED A+
◉ What is the PRIMARY purpose of licensing? Answer: Protect the
health and welfare of the public.
◉ The application for licensure MUST include. Answer: the business
address of the proposed designated employee.
◉ All of the following must be licensed EXCEPT. Answer: a material
supplier who advises a contractor.
◉ When a claimant is paid funds from the Contractors Recovery Trust
Fund. Answer: the contractor's license is revoked.
◉ All Class A contractor licensure applications MUST include. Answer:
information on the knowledge, skills, and abilities of the applicant.
◉ Which of the following is a requirement for a joint venture? Answer:
Either the joint venture or each contracting party of the joint venture
must be licensed
◉ How much is the Class A initial license fee not including the
Recovery Fund fee? Answer: $360
, ◉ According to the Board Rules and Regulations, a full-time employee
is one who works a MINIMUM of how many hours per week? Answer:
30 hours.
◉ According to the Board Rules and Regulations, which of the
following could be a qualified individual? Answer: Any full-time
employee
◉ A firm desiring to be licensed as a Class B contractor MUST have a
MINIMUM net worth of. Answer: $15,000
◉ A licensee's name change MUST be reported to the Board within a
MAXIMUM of how many days? Answer: 30 days.
◉ Additions to buildings MUST comply with. Answer: the current code
for new construction.
◉ When MUST the work be stopped following the issuance of a stop
work order? Answer: Immediately
◉ Who is to be in charge of a local building department? Answer:
Building official.
