Virginia Class A Contractor Exam Questions &
Answers | Complete Study Guide
Section 1: Virginia Portion — Licensing Law and Regulations
1. Under Virginia Code § 54.1-1100, what is the maximum single contract value for
a Class C contractor?
A) $5,000
B) $10,000
C) $15,000
D) $25,000
B) $10,000
Class C contractors are limited to single contracts over $1,000 but not exceeding $10,000.
Annual work must not exceed $150,000.
2. What is the minimum net worth requirement for a Class A contractor license?
A) $5,000
B) $15,000
C) $45,000
D) $100,000
C) $45,000
Class A requires a minimum net worth of $45,000. A $50,000 surety bond may be
submitted in lieu of the net worth requirement .
,3. What is the required experience for a Class A contractor applicant?
A) 1 year
B) 3 years
C) 5 years
D) 10 years
C) 5 years
Class A applicants must have a minimum of five years of experience. Class B requires three
years .
4. What is the required experience for a Class B contractor applicant?
A) 1 year
B) 3 years
C) 5 years
D) 7 years
B) 3 years
Class B applicants must have a minimum of three years of experience .
5. A contractor is preparing a bid for a project valued at $150,000. What license
class is required?
A) Class A
B) Class B
C) Class C
D) No license required
A) Class A
,Class A covers contracts of $150,000 or more. Class B covers $10,000 to less than
$120,000 .
6. What is the maximum single contract value for a Class B contractor?
A) $50,000
B) $120,000
C) $150,000
D) $200,000
B) $120,000
Class B contractors are limited to single contracts of $10,000 or more but less than
$120,000 .
7. What is the maximum annual work volume for a Class B contractor?
A) $150,000
B) $500,000
C) $750,000
D) $1,000,000
C) $750,000
Class B contractors may perform work where the total value of all projects within any 12-
month period is less than $750,000 .
8. How many hours of pre-license education are required for Virginia contractors?
A) 4 hours
B) 8 hours
C) 16 hours
D) 24 hours
, B) 8 hours
Applicants must complete a board-approved basic business course. This is an 8-hour
course .
9. Who must complete the pre-license education course?
A) All employees
B) The designated employee or responsible manager
C) Only the owner
D) No one; it is optional
B) The designated employee or responsible manager
The designated employee or a member of responsible management must successfully
complete the board-approved basic business course .
10. What is the maximum fine the Board may impose per violation for fraudulent
conduct?
A) $1,000
B) $5,000
C) $10,000
D) $25,000
C) $10,000
The Board may impose a monetary penalty of up to $10,000 for each violation involving
fraudulent or improper conduct.
11. What action can the Board take against a licensee who abandons a project
without cause?
Answers | Complete Study Guide
Section 1: Virginia Portion — Licensing Law and Regulations
1. Under Virginia Code § 54.1-1100, what is the maximum single contract value for
a Class C contractor?
A) $5,000
B) $10,000
C) $15,000
D) $25,000
B) $10,000
Class C contractors are limited to single contracts over $1,000 but not exceeding $10,000.
Annual work must not exceed $150,000.
2. What is the minimum net worth requirement for a Class A contractor license?
A) $5,000
B) $15,000
C) $45,000
D) $100,000
C) $45,000
Class A requires a minimum net worth of $45,000. A $50,000 surety bond may be
submitted in lieu of the net worth requirement .
,3. What is the required experience for a Class A contractor applicant?
A) 1 year
B) 3 years
C) 5 years
D) 10 years
C) 5 years
Class A applicants must have a minimum of five years of experience. Class B requires three
years .
4. What is the required experience for a Class B contractor applicant?
A) 1 year
B) 3 years
C) 5 years
D) 7 years
B) 3 years
Class B applicants must have a minimum of three years of experience .
5. A contractor is preparing a bid for a project valued at $150,000. What license
class is required?
A) Class A
B) Class B
C) Class C
D) No license required
A) Class A
,Class A covers contracts of $150,000 or more. Class B covers $10,000 to less than
$120,000 .
6. What is the maximum single contract value for a Class B contractor?
A) $50,000
B) $120,000
C) $150,000
D) $200,000
B) $120,000
Class B contractors are limited to single contracts of $10,000 or more but less than
$120,000 .
7. What is the maximum annual work volume for a Class B contractor?
A) $150,000
B) $500,000
C) $750,000
D) $1,000,000
C) $750,000
Class B contractors may perform work where the total value of all projects within any 12-
month period is less than $750,000 .
8. How many hours of pre-license education are required for Virginia contractors?
A) 4 hours
B) 8 hours
C) 16 hours
D) 24 hours
, B) 8 hours
Applicants must complete a board-approved basic business course. This is an 8-hour
course .
9. Who must complete the pre-license education course?
A) All employees
B) The designated employee or responsible manager
C) Only the owner
D) No one; it is optional
B) The designated employee or responsible manager
The designated employee or a member of responsible management must successfully
complete the board-approved basic business course .
10. What is the maximum fine the Board may impose per violation for fraudulent
conduct?
A) $1,000
B) $5,000
C) $10,000
D) $25,000
C) $10,000
The Board may impose a monetary penalty of up to $10,000 for each violation involving
fraudulent or improper conduct.
11. What action can the Board take against a licensee who abandons a project
without cause?
