Virg̣inia Contractor's questions and answers Exam
What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of
license? - $500 fine per day for each day of violation plus penalties for a misdemeanor.
What is the PRIMARY purpose of licensin g̣? - Protect the health and welfare of the public.
The application for licensure MUST include - the business address of the proposed desi gnated
̣ employee.
All of the following̣ must be licensed EXCEPT - a material supplier who advises a contractor.
When a claimant is paid funds from the Contractors Recovery Trust Fund - the contractor's license is
revoked.
All Class A contractor licensure applications MUST include - information on the knowled ge,
̣ skills, and
abilities of the applicant.
Which of the following̣ is a requirement for a joint venture? - Either the joint venture or each
contracting̣
party of the joint venture must be licensed
How much is the Class A initial license fee not includin g̣ the Recovery Fund fee? - $360
According̣ to the Board Rules and Re g̣ulations, a full-time employee is one who works a MINIMUM of
how many hours per week? - 30 hours.
According̣ to the Board Rules and Re g̣ulations, which of the followin g̣ could be a qualified individual? -
Any full-time employee
A firm desiring̣ to be licensed as a Class B contractor MUST have a MINIMUM net worth of - $15,000
, A licensee's name chang̣e MUST be reported to the Board within a MAXIMUM of how many days? - 30
days.
Additions to building̣s MUST comply with - the current code for new construction.
When MUST the work be stopped followin g̣ the issuance of a stop work order? - Immediately
Who is to be in charg̣e of a local buildin g̣ department? - Buildin g̣ official.
An appeal of the local building̣ official's decision to refuse to g̣rant a modification to the USBC MUST be
made to the local building̣ board within a MAXIMUM of how many days? - 90 days.
A building̣ official MUST issue a certificate of occupancy for a buildin g̣ that meets all the requirements
for a certificate within a MAXIMUM of how many workin g̣ days after the certificate was requested? - 5
Contractors will be assessed a fee for the Transaction Recovery Fund whenever the fund balance is less
than - $400,000.
Contractors who are assessed a fee to support the Transaction Recovery Fund MUST pay this fee within
a MINIMUM of how many days from when the assessment fee notice was mailed? - 45 days.
A verified claim for payment from the Transaction Recovery Fund MUST occur within a MAXIMUM of
what period of time from the date the claimant was awarded a final jud gment?
̣ - 12 months.
Payments made by the Transaction Recovery Fund to claimants may include an amount for - attorneys'
fees.
A contract for which of the followin g̣ types of structures may be subject to recovery from the
Transaction Recovery Fund? - Residential only
An appeal of a final decision of a county on an erosion control plan MUST be filed within a MAXIMUM of
how many days? - 30 days.
What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of
license? - $500 fine per day for each day of violation plus penalties for a misdemeanor.
What is the PRIMARY purpose of licensin g̣? - Protect the health and welfare of the public.
The application for licensure MUST include - the business address of the proposed desi gnated
̣ employee.
All of the following̣ must be licensed EXCEPT - a material supplier who advises a contractor.
When a claimant is paid funds from the Contractors Recovery Trust Fund - the contractor's license is
revoked.
All Class A contractor licensure applications MUST include - information on the knowled ge,
̣ skills, and
abilities of the applicant.
Which of the following̣ is a requirement for a joint venture? - Either the joint venture or each
contracting̣
party of the joint venture must be licensed
How much is the Class A initial license fee not includin g̣ the Recovery Fund fee? - $360
According̣ to the Board Rules and Re g̣ulations, a full-time employee is one who works a MINIMUM of
how many hours per week? - 30 hours.
According̣ to the Board Rules and Re g̣ulations, which of the followin g̣ could be a qualified individual? -
Any full-time employee
A firm desiring̣ to be licensed as a Class B contractor MUST have a MINIMUM net worth of - $15,000
, A licensee's name chang̣e MUST be reported to the Board within a MAXIMUM of how many days? - 30
days.
Additions to building̣s MUST comply with - the current code for new construction.
When MUST the work be stopped followin g̣ the issuance of a stop work order? - Immediately
Who is to be in charg̣e of a local buildin g̣ department? - Buildin g̣ official.
An appeal of the local building̣ official's decision to refuse to g̣rant a modification to the USBC MUST be
made to the local building̣ board within a MAXIMUM of how many days? - 90 days.
A building̣ official MUST issue a certificate of occupancy for a buildin g̣ that meets all the requirements
for a certificate within a MAXIMUM of how many workin g̣ days after the certificate was requested? - 5
Contractors will be assessed a fee for the Transaction Recovery Fund whenever the fund balance is less
than - $400,000.
Contractors who are assessed a fee to support the Transaction Recovery Fund MUST pay this fee within
a MINIMUM of how many days from when the assessment fee notice was mailed? - 45 days.
A verified claim for payment from the Transaction Recovery Fund MUST occur within a MAXIMUM of
what period of time from the date the claimant was awarded a final jud gment?
̣ - 12 months.
Payments made by the Transaction Recovery Fund to claimants may include an amount for - attorneys'
fees.
A contract for which of the followin g̣ types of structures may be subject to recovery from the
Transaction Recovery Fund? - Residential only
An appeal of a final decision of a county on an erosion control plan MUST be filed within a MAXIMUM of
how many days? - 30 days.
