VA Contractors: Virginia (Class A or B)
Questions with Correct Answers
All Class A contractor licensure applications MUST include... - ANSWERSInformation
on the knowledge, skills, and abilities of the applicant
Which of the following is a requirement for a joint venture? - ANSWERSEither the joint
venture or each contracting party of the joint venture must be licensed
All of the following must be licensed EXCEPT... - ANSWERSA material supplier who
advises a contractor
Payments made by the Transaction Recovery Fund to claimants may include an
amount for... - ANSWERSAttorney's fees
A licensee's name change MUST be reported to the Board within a MAXIMUM of how
many days? - ANSWERS30 days
An appeal of a final decision of a county on an erosion control plan MUST be filed within
a MAXIMUM of how many days? - ANSWERS30 days
How much is the Class A initial license fee? - ANSWERS$200
When a claimant is paid funds from the Contractors Recovery Trust Fund... -
ANSWERSThe contractor's license is revoked
A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net
worth of... - ANSWERS$15,000
A contract for which of the following types of structures may be subject to recovery from
the Transaction Recovery Fund? - ANSWERSResidential only
Contractors will be assessed a fee for the Transaction Recovery Fund whenever the
fund balance is less than... - ANSWERS$400,000
The application for licensure MUST include... - ANSWERSThe business address of the
proposed designated employee
Additions to buildings MUST comply with - ANSWERSThe current code for new
construction
Who is to be in charge of a local building department? - ANSWERSBuilding official
Questions with Correct Answers
All Class A contractor licensure applications MUST include... - ANSWERSInformation
on the knowledge, skills, and abilities of the applicant
Which of the following is a requirement for a joint venture? - ANSWERSEither the joint
venture or each contracting party of the joint venture must be licensed
All of the following must be licensed EXCEPT... - ANSWERSA material supplier who
advises a contractor
Payments made by the Transaction Recovery Fund to claimants may include an
amount for... - ANSWERSAttorney's fees
A licensee's name change MUST be reported to the Board within a MAXIMUM of how
many days? - ANSWERS30 days
An appeal of a final decision of a county on an erosion control plan MUST be filed within
a MAXIMUM of how many days? - ANSWERS30 days
How much is the Class A initial license fee? - ANSWERS$200
When a claimant is paid funds from the Contractors Recovery Trust Fund... -
ANSWERSThe contractor's license is revoked
A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net
worth of... - ANSWERS$15,000
A contract for which of the following types of structures may be subject to recovery from
the Transaction Recovery Fund? - ANSWERSResidential only
Contractors will be assessed a fee for the Transaction Recovery Fund whenever the
fund balance is less than... - ANSWERS$400,000
The application for licensure MUST include... - ANSWERSThe business address of the
proposed designated employee
Additions to buildings MUST comply with - ANSWERSThe current code for new
construction
Who is to be in charge of a local building department? - ANSWERSBuilding official
