VA CONTRACTORS GENERAL (CLASS A OR
B) EXAM 2026–2027
(124 QUESTIONS AND CORRECT ANSWERS) | ALREADY GRADED A+ | 100%
VERIFIED
Construction Law & Business Management | Virginia Department of Professional and Occupational Regulation
(DPOR) / PSI
Key Domains: Virginia Contractor Law and Regulations, Business Organization and Finance, Project
Management, Estimating and Bidding, Safety and Risk Management, and Construction Contract Administration
__________________________________________________________________
Introduction
This structured VA Contractors General (Class A or B) Exam format for 2026–2027 provides the
complete layout for generating high-quality exam-style questions with correct answers and
rationales. It emphasizes Virginia-specific contracting laws, business management principles,
project estimation, and regulatory compliance critical to professional general contracting practice
and successful DPOR licensure.
Answer Format & Certification Protocol
All correct answers in this guide are highlighted in bold and dark cyan, accompanied by detailed
rationales explaining physical qualification standards, mandatory waiting periods, regulatory
criteria, and why alternate choices are less appropriate. Per strict testing protocol, the distribution
of correct choice answers (A, B, C, D) is randomized and varied across all 124 questions to prevent
predictable patterns and ensure an authentic exam simulation. Class B contractors will only need to
study the first 74 questions (the Virginia and General portions), while Class A contractors must
study all 124 questions (including the Advanced portion).
, Virginia Contractor Class A & B License Exam Study Guide (2026-2027)
Domain: Virginia Portion (DPOR & USBC)
Q1. What is the maximum monetary penalty the Board for Contractors can impose for a
single administrative violation of its regulations under Virginia Code § 54.1-1115?
A) $1,000 per violation.
B) $500 per violation.
C) $5,000 per violation.
D) $2,500 per violation.
★ OPERATIONAL & LEGAL RATIONALE: Under Virginia Code § 54.1-1115, the Board for Contractors has the
authority to assess civil penalties up to a maximum of $2,500 for each administrative violation of the Board's rules
or regulations.
Q2. Under DPOR regulations, a full-time employee designated to satisfy the licensing
requirements (Designated Employee) must work a minimum of how many hours per week?
A) 30 hours per week.
B) 20 hours per week.
C) 35 hours per week.
D) 40 hours per week.
★ OPERATIONAL & LEGAL RATIONALE: The Board for Contractors defines a 'full-time employee' as one who
works a minimum of 30 hours per week for the licensed entity, ensuring they are actively involved in the day-to-
day operations of the contracting business.
Q3. How often must a Virginia contractor license be renewed, and when does it expire?
A) Biennially (every two years), on the last day of the month in which the license was
originally issued.
B) Every three years, on the anniversary of the issuance date.
C) Annually, on the last day of the calendar year.
D) Every five years, on the date of the primary qualifier's birthday.
★ OPERATIONAL & LEGAL RATIONALE: Virginia contractor licenses are valid for a period of two years
(biennial) and must be renewed by the last day of the month in which they were initially issued to maintain active
status and avoid late fees.
Page 2
, Virginia Contractor Class A & B License Exam Study Guide (2026-2027)
Q4. Within how many days must a licensed contractor notify the Board for Contractors
(DPOR) of any change of address, officers, or designated employee?
A) 30 days.
B) 10 days.
C) 15 days.
D) 45 days.
★ OPERATIONAL & LEGAL RATIONALE: Board regulations mandate that licensed entities must report any
changes in officers, designated employees, qualified individuals, trade names, or physical/mailing address to
DPOR in writing within 30 days of the change.
Q5. What is the maximum single-claim payout from the Virginia Contractor Transaction
Recovery Fund for a consumer who suffers a loss due to a residential contractor's improper
or dishonest conduct under Code of Virginia § 54.1-1123?
A) $20,000
B) $10,000
C) $50,000
D) $30,000
★ OPERATIONAL & LEGAL RATIONALE: The Code of Virginia § 54.1-1123 was updated to increase the
maximum single-transaction claim payout from the Contractor Transaction Recovery Fund to $30,000,
compensating residential consumers for actual monetary losses caused by licensed contractors.
Q6. What is the lifetime aggregate cap on claims against the Contractor Transaction
Recovery Fund for any single licensed contractor during a single biennium?
A) $40,000
B) $100,000
C) $50,000
D) $200,000
★ OPERATIONAL & LEGAL RATIONALE: The aggregate of all claims against a single contractor's account
within the Transaction Recovery Fund is capped at $100,000 per biennium. If claims exceed this amount, the
$100,000 pool is prorated among the approved claimants.
Page 3
, Virginia Contractor Class A & B License Exam Study Guide (2026-2027)
Q7. If a claim is paid from the Contractor Transaction Recovery Fund on behalf of a licensed
contractor, what is the immediate regulatory consequence to that contractor's license?
A) The contractor is placed on probation.
B) The license is automatically revoked, and the contractor cannot reapply until the Fund
is repaid in full plus interest.
C) The license is suspended for 90 days.
D) The contractor must pay a double license renewal fee.
★ OPERATIONAL & LEGAL RATIONALE: Under § 54.1-1124, any payment made from the Fund on behalf of a
contractor results in the automatic, immediate revocation of their contractor license. They are ineligible for
relicensure until they repay the Fund in full, plus interest at the judgment rate.
Q8. What is the minimum net worth requirement for an applicant seeking a Class B
contractor license in Virginia?
A) No minimum requirement.
B) $45,000
C) $15,000
D) $150,000
★ OPERATIONAL & LEGAL RATIONALE: A Class B license applicant must document a minimum net worth of
$15,000 (or post a $15,000 surety bond). For Class A, the minimum net worth is $45,000 (or a $50,000 surety
bond).
Q9. What is the maximum monetary contract limit per single project for a contractor holding
a Class B license in Virginia?
A) Under $120,000
B) Under $10,000
C) Under $500,000
D) There is no limit.
★ OPERATIONAL & LEGAL RATIONALE: Class B contractors are limited to performing projects valued at less
than $120,000 per single contract, and up to $750,000 in total annual revenue. Contracts of $120,000 or more
require a Class A license.
Page 4
B) EXAM 2026–2027
(124 QUESTIONS AND CORRECT ANSWERS) | ALREADY GRADED A+ | 100%
VERIFIED
Construction Law & Business Management | Virginia Department of Professional and Occupational Regulation
(DPOR) / PSI
Key Domains: Virginia Contractor Law and Regulations, Business Organization and Finance, Project
Management, Estimating and Bidding, Safety and Risk Management, and Construction Contract Administration
__________________________________________________________________
Introduction
This structured VA Contractors General (Class A or B) Exam format for 2026–2027 provides the
complete layout for generating high-quality exam-style questions with correct answers and
rationales. It emphasizes Virginia-specific contracting laws, business management principles,
project estimation, and regulatory compliance critical to professional general contracting practice
and successful DPOR licensure.
Answer Format & Certification Protocol
All correct answers in this guide are highlighted in bold and dark cyan, accompanied by detailed
rationales explaining physical qualification standards, mandatory waiting periods, regulatory
criteria, and why alternate choices are less appropriate. Per strict testing protocol, the distribution
of correct choice answers (A, B, C, D) is randomized and varied across all 124 questions to prevent
predictable patterns and ensure an authentic exam simulation. Class B contractors will only need to
study the first 74 questions (the Virginia and General portions), while Class A contractors must
study all 124 questions (including the Advanced portion).
, Virginia Contractor Class A & B License Exam Study Guide (2026-2027)
Domain: Virginia Portion (DPOR & USBC)
Q1. What is the maximum monetary penalty the Board for Contractors can impose for a
single administrative violation of its regulations under Virginia Code § 54.1-1115?
A) $1,000 per violation.
B) $500 per violation.
C) $5,000 per violation.
D) $2,500 per violation.
★ OPERATIONAL & LEGAL RATIONALE: Under Virginia Code § 54.1-1115, the Board for Contractors has the
authority to assess civil penalties up to a maximum of $2,500 for each administrative violation of the Board's rules
or regulations.
Q2. Under DPOR regulations, a full-time employee designated to satisfy the licensing
requirements (Designated Employee) must work a minimum of how many hours per week?
A) 30 hours per week.
B) 20 hours per week.
C) 35 hours per week.
D) 40 hours per week.
★ OPERATIONAL & LEGAL RATIONALE: The Board for Contractors defines a 'full-time employee' as one who
works a minimum of 30 hours per week for the licensed entity, ensuring they are actively involved in the day-to-
day operations of the contracting business.
Q3. How often must a Virginia contractor license be renewed, and when does it expire?
A) Biennially (every two years), on the last day of the month in which the license was
originally issued.
B) Every three years, on the anniversary of the issuance date.
C) Annually, on the last day of the calendar year.
D) Every five years, on the date of the primary qualifier's birthday.
★ OPERATIONAL & LEGAL RATIONALE: Virginia contractor licenses are valid for a period of two years
(biennial) and must be renewed by the last day of the month in which they were initially issued to maintain active
status and avoid late fees.
Page 2
, Virginia Contractor Class A & B License Exam Study Guide (2026-2027)
Q4. Within how many days must a licensed contractor notify the Board for Contractors
(DPOR) of any change of address, officers, or designated employee?
A) 30 days.
B) 10 days.
C) 15 days.
D) 45 days.
★ OPERATIONAL & LEGAL RATIONALE: Board regulations mandate that licensed entities must report any
changes in officers, designated employees, qualified individuals, trade names, or physical/mailing address to
DPOR in writing within 30 days of the change.
Q5. What is the maximum single-claim payout from the Virginia Contractor Transaction
Recovery Fund for a consumer who suffers a loss due to a residential contractor's improper
or dishonest conduct under Code of Virginia § 54.1-1123?
A) $20,000
B) $10,000
C) $50,000
D) $30,000
★ OPERATIONAL & LEGAL RATIONALE: The Code of Virginia § 54.1-1123 was updated to increase the
maximum single-transaction claim payout from the Contractor Transaction Recovery Fund to $30,000,
compensating residential consumers for actual monetary losses caused by licensed contractors.
Q6. What is the lifetime aggregate cap on claims against the Contractor Transaction
Recovery Fund for any single licensed contractor during a single biennium?
A) $40,000
B) $100,000
C) $50,000
D) $200,000
★ OPERATIONAL & LEGAL RATIONALE: The aggregate of all claims against a single contractor's account
within the Transaction Recovery Fund is capped at $100,000 per biennium. If claims exceed this amount, the
$100,000 pool is prorated among the approved claimants.
Page 3
, Virginia Contractor Class A & B License Exam Study Guide (2026-2027)
Q7. If a claim is paid from the Contractor Transaction Recovery Fund on behalf of a licensed
contractor, what is the immediate regulatory consequence to that contractor's license?
A) The contractor is placed on probation.
B) The license is automatically revoked, and the contractor cannot reapply until the Fund
is repaid in full plus interest.
C) The license is suspended for 90 days.
D) The contractor must pay a double license renewal fee.
★ OPERATIONAL & LEGAL RATIONALE: Under § 54.1-1124, any payment made from the Fund on behalf of a
contractor results in the automatic, immediate revocation of their contractor license. They are ineligible for
relicensure until they repay the Fund in full, plus interest at the judgment rate.
Q8. What is the minimum net worth requirement for an applicant seeking a Class B
contractor license in Virginia?
A) No minimum requirement.
B) $45,000
C) $15,000
D) $150,000
★ OPERATIONAL & LEGAL RATIONALE: A Class B license applicant must document a minimum net worth of
$15,000 (or post a $15,000 surety bond). For Class A, the minimum net worth is $45,000 (or a $50,000 surety
bond).
Q9. What is the maximum monetary contract limit per single project for a contractor holding
a Class B license in Virginia?
A) Under $120,000
B) Under $10,000
C) Under $500,000
D) There is no limit.
★ OPERATIONAL & LEGAL RATIONALE: Class B contractors are limited to performing projects valued at less
than $120,000 per single contract, and up to $750,000 in total annual revenue. Contracts of $120,000 or more
require a Class A license.
Page 4
