VIRGINIA CONTRACTOR'S ACTUAL EXAM
SCRIPT 2026 QUESTIONS WITH ANSWERS
GRADED A+
◉ Class B Contractor. Answer: Perform or manage construction with
total value being between 10,000 but less than 120,000 and between
150,000-750,000 annually
◉ Class C Contractor. Answer: Perform or manage construction with
total value being over 1,000 but less than 10,000 and less 150,000
◉ Designated employee. Answer: Contractors full time employee or a
member of responsible management, at least 18 and has completed the
oral or written examination required by the board
◉ Contractor. Answer: Any person that for a fixed price, commission,
fee, or percentage undertakes a bid upon, accepts, offers to accept, etc,
construction, removal or repair of a structure.
◉ Department. Answer: Director of the DPOR
,◉ DPOR. Answer: Department of Professional and Occupational
Regulation
◉ Fire sprinkler contractor. Answer: Contractor that provides for the
installation, repair, alteration, addition, testing, maintenance etc of of fire
suppression sprinkler system
◉ Owner-developer. Answer: Any person who for a 3rd party purchaser,
orders and supervises construction , repairs etc of any building
◉ person. Answer: Any individual, partnership, firm,
corporation, association, government or governmental subdivision or
agency or other legal entity
◉ value. Answer: Fair market value, the contract price shall be prima
facile evidence of value
◉ Prior to a joint venture engaging in, or offering to engage in,
contracting work with the commonwealth, each contracting party shall
be what? Answer: Licensed under the provision of this chapter m
◉ When the contracting work is for the purpose of landscape irrigation
or the construction of a water well the contractor shall be what? Answer:
Licensed regardless of the contract amount as either A/B/C
,◉ Unless the context requires a different meaning what does ACT
mean? Answer: Virginia contractor transaction recovery act
◉ The two year period beginning on July 1 of an even numbered year
and continuing through June 30 of the next even numbered year.
Answer: Biennium
◉ "Fund" relates to which recovery fund? Answer: Virginia Contractor
Transaction Recovery Fund
◉ What is the minimum balance of the Contractor transaction recovery
fund? Answer: $400,000
◉ After the second notice of the required assessment has been sent and
no payment has been received by the board within 30 days what happens
to the contractors license? Answer: Suspended until the actual receipt by
the director of the delinquent assessment
◉ What is the maximum claim of one claimant against the fund based
on unpaid judgment regardless of the unpaid judgement of the claimant?
Answer: $20,000
◉ What does full time employee mean? Answer: An employee that
spends a minimum of 30 hours a week carrying out the work of the
licensed contracting business
, ◉ What term refers to "providing guidance or direction of a delegated
task or procedure by a tradesman licensed in accordance with chapter 11
of title 54.1. Answer: Supervision
◉ What term refers to "the licensed master or journeyman tradesman
who has the responsibility to ensure that the installation is IAW
applicable provisions of the Va building code? Answer: Supervisor
◉ The license holders completed renewal form and appropriate fees
must be received within how many days of the license expiration?
Answer: 30
◉ What two things are required for class B license renewal? Answer:
Renewal application and $225
◉ What happens is the renewal application is received within 30 days of
license expiration? Answer: The licensee shall be required to reinstate
the license
◉ What two things are needed for a class B license reinstatement?
Answer: Reinstatement application and $460
◉ Licenses are issued to firms as defined in this chapter and are not
what? Answer: Transferable
SCRIPT 2026 QUESTIONS WITH ANSWERS
GRADED A+
◉ Class B Contractor. Answer: Perform or manage construction with
total value being between 10,000 but less than 120,000 and between
150,000-750,000 annually
◉ Class C Contractor. Answer: Perform or manage construction with
total value being over 1,000 but less than 10,000 and less 150,000
◉ Designated employee. Answer: Contractors full time employee or a
member of responsible management, at least 18 and has completed the
oral or written examination required by the board
◉ Contractor. Answer: Any person that for a fixed price, commission,
fee, or percentage undertakes a bid upon, accepts, offers to accept, etc,
construction, removal or repair of a structure.
◉ Department. Answer: Director of the DPOR
,◉ DPOR. Answer: Department of Professional and Occupational
Regulation
◉ Fire sprinkler contractor. Answer: Contractor that provides for the
installation, repair, alteration, addition, testing, maintenance etc of of fire
suppression sprinkler system
◉ Owner-developer. Answer: Any person who for a 3rd party purchaser,
orders and supervises construction , repairs etc of any building
◉ person. Answer: Any individual, partnership, firm,
corporation, association, government or governmental subdivision or
agency or other legal entity
◉ value. Answer: Fair market value, the contract price shall be prima
facile evidence of value
◉ Prior to a joint venture engaging in, or offering to engage in,
contracting work with the commonwealth, each contracting party shall
be what? Answer: Licensed under the provision of this chapter m
◉ When the contracting work is for the purpose of landscape irrigation
or the construction of a water well the contractor shall be what? Answer:
Licensed regardless of the contract amount as either A/B/C
,◉ Unless the context requires a different meaning what does ACT
mean? Answer: Virginia contractor transaction recovery act
◉ The two year period beginning on July 1 of an even numbered year
and continuing through June 30 of the next even numbered year.
Answer: Biennium
◉ "Fund" relates to which recovery fund? Answer: Virginia Contractor
Transaction Recovery Fund
◉ What is the minimum balance of the Contractor transaction recovery
fund? Answer: $400,000
◉ After the second notice of the required assessment has been sent and
no payment has been received by the board within 30 days what happens
to the contractors license? Answer: Suspended until the actual receipt by
the director of the delinquent assessment
◉ What is the maximum claim of one claimant against the fund based
on unpaid judgment regardless of the unpaid judgement of the claimant?
Answer: $20,000
◉ What does full time employee mean? Answer: An employee that
spends a minimum of 30 hours a week carrying out the work of the
licensed contracting business
, ◉ What term refers to "providing guidance or direction of a delegated
task or procedure by a tradesman licensed in accordance with chapter 11
of title 54.1. Answer: Supervision
◉ What term refers to "the licensed master or journeyman tradesman
who has the responsibility to ensure that the installation is IAW
applicable provisions of the Va building code? Answer: Supervisor
◉ The license holders completed renewal form and appropriate fees
must be received within how many days of the license expiration?
Answer: 30
◉ What two things are required for class B license renewal? Answer:
Renewal application and $225
◉ What happens is the renewal application is received within 30 days of
license expiration? Answer: The licensee shall be required to reinstate
the license
◉ What two things are needed for a class B license reinstatement?
Answer: Reinstatement application and $460
◉ Licenses are issued to firms as defined in this chapter and are not
what? Answer: Transferable
