Exam Preparation 2026
General Building / General Engineering / Specialty Contracting
Class A — Complete Practice Exam
100 Multiple-Choice Questions | 6 Comprehensive Sections
Aligned with DPOR/Board for Contractors & PSI Exam Specifications
Covers: Virginia Regulations, Business & Financial Management,
Contract Administration, Risk Management, Safety & Labor Law,
Advanced Management Scenarios
Prepared by Z.ai | 2026 Edition
COMPLETE EXAM - 100 Questions Generated
,Section 1: Virginia Contractor Licensing and Regulatory Framework
Questions 1–20 | Covers DPOR, Board for Contractors, Class A requirements, PSI exam structure, and application
procedures
1. Which Virginia agency governs the regulation and licensing of contractors in the Commonwealth?
A. The Virginia Department of Professional and Occupational Regulation (DPOR), through the Board for
Contractors
B. The Virginia Department of Labor and Industry
C. The Virginia Department of Transportation
D. The Virginia Secretary of Commerce and Trade
Correct Answer: A
Rationale: DPOR and its Board for Contractors are the primary regulatory bodies responsible for contractor licensing in
Virginia. The Department of Labor and Industry handles workplace safety (VOSH), not licensing. Understanding this
distinction is fundamental for the PSI exam’s Virginia-specific portion (24 items).
2. What is the minimum net worth required to qualify for a Virginia Class A contractor license?
A. $15,000
B. $30,000
C. $45,000
D. $100,000
Correct Answer: C
Rationale: Virginia law requires a Class A contractor to demonstrate a minimum net worth of $45,000, or alternatively post a
$50,000 surety bond. Class B requires only $15,000 net worth. This financial threshold is a core DPOR requirement tested on
the exam.
3. A contractor who cannot meet the $45,000 net worth requirement for a Class A license may instead
submit what?
A. A certified financial audit from a CPA
B. A $50,000 surety bond
C. A letter of credit from a Virginia bank for $75,000
D. A personal guarantee from the Designated Employee
Correct Answer: B
Rationale: Virginia allows an alternative to the net worth requirement: a $50,000 surety bond may be posted in lieu of
demonstrating $45,000 in net worth. This is a specific DPOR provision for Class A applicants and is frequently tested on the
PSI exam.
4. How many years of relevant experience are required for a Class A contractor license in Virginia?
A. 2 years
B. 3 years
C. 4 years
D. 5 years
Correct Answer: D
Rationale: Class A licensure requires 5 years of experience, compared to 3 years for Class B. The experience must be in the
trade classification sought and is verified through the application process. This tiered experience requirement reflects the
expanded scope of Class A work.
5. What is the contract value limit for a Virginia Class A contractor?
A. No single contract limit
COMPLETE EXAM - 100 Questions Generated
, B. $120,000 per single contract
C. $500,000 per single contract
D. $1,000,000 annual aggregate
Correct Answer: A
Rationale: A key distinction of Class A is that there is no limit on the value of a single contract or the total annual contract
value. Class B is limited to $120,000 per single contract and $750,000 annually. This unlimited scope makes Class A the
highest tier of Virginia contractor licensing.
6. What is the minimum age requirement for the Designated Employee of a Virginia contractor?
A. 16 years
B. 18 years
C. 21 years
D. 25 years
Correct Answer: B
Rationale: The Designated Employee—the individual who holds the technical knowledge and responsibility for the firm’s
work—must be at least 18 years old. This person must also have the required experience and pass the appropriate
examinations. The age requirement is a basic but frequently tested fact on the Virginia portion of the PSI exam.
7. Before taking the PSI exam for a Virginia contractor license, applicants must complete a
pre-license education course of how many hours?
A. 4 hours
B. 6 hours
C. 8 hours
D. 16 hours
Correct Answer: C
Rationale: Virginia requires completion of an 8-hour pre-license education course approved by the Board for Contractors
prior to sitting for the PSI examination. This course covers Virginia-specific regulations, business practices, and exam
preparation content. Proof of completion must accompany the exam application.
8. How often must a Virginia contractor license be renewed?
A. Annually
B. Biennially (every 2 years)
C. Every 3 years
D. Every 5 years
Correct Answer: B
Rationale: Virginia contractor licenses must be renewed biennially (every two years). The renewal period and associated
continuing education requirements are set by DPOR and the Board for Contractors. Failure to renew on time can result in
license lapse and additional reinstatement fees.
9. Within how many days must a licensed Virginia contractor report a change in business name to
DPOR?
A. 10 days
B. 15 days
C. 30 days
D. 60 days
Correct Answer: C
Rationale: Virginia regulations require contractors to notify DPOR of a business name change within 30 days. This reporting
requirement ensures the Board’s records remain current and that the public can accurately verify contractor credentials.
Non-compliance may result in disciplinary action.
COMPLETE EXAM - 100 Questions Generated