VA Contractors General (Class A or B) Exam 2026/2027
| Verified Questions & Correct Answers with Rationales
| Graded A+ | Comprehensive Virginia Contractor
License Exam Prep
THIS EXAM INCLUDES:
• Verified Virginia Contractors General (Class A & B) exam questions
• Correct answers with detailed rationales
• Exam-style multiple-choice practice questions
• High-yield study notes and review materials
• Updated 2026/2027 content
• A+ graded exam preparation resource
,VA Contractors General (Class A or B)
1. Which of the following estimating methods is typically used by the
architect rather than the contractor?
A. Detailed estimate
B. Conceptual estimate
C. Parametric estimate
D. Unit cost estimate
Answer: B
Rationale: Architects often use conceptual estimates early in design when
few details are available. Contractors typically use detailed or unit cost
estimates once plans are complete.
2. An agreement that calls for a contractor to be paid actual costs for
labor and materials plus a fixed fee for the contractor's overhead and
profit is called a...
A. Lump sum contract
B. Time and materials contract
C. Cost plus contract
D. Unit price contract
Answer: C
Rationale: A cost-plus-fixed-fee contract reimburses the contractor for
actual costs plus a predetermined fee for overhead and profit.
, 3. Equipment needs for a project are BEST estimated by...
A. Asking the supplier
B. Calculating the number of hours or days it is needed
C. Using last project's equipment list
D. Guessing based on square footage
Answer: B
Rationale: Accurate equipment estimation requires calculating the duration
of use (hours/days) based on production rates and project schedule.
4. What type of insurance is needed for a partnership to insure that the
business does NOT go out of business if one partner dies?
A. Workers' compensation
B. General liability
C. Business interruption
D. Key man
Answer: D
Rationale: Key man (or key person) insurance provides funds to the
business to cover losses and transition costs if a critical partner dies.
5. An owner hires a construction manager for a project. Which of the
following is TRUE with regard to subcontractors?
A. The subcontractors report directly to the owner
B. The subcontractors are prime contractors
C. The construction manager hires all subcontractors directly
D. Subcontractors do not need contracts
| Verified Questions & Correct Answers with Rationales
| Graded A+ | Comprehensive Virginia Contractor
License Exam Prep
THIS EXAM INCLUDES:
• Verified Virginia Contractors General (Class A & B) exam questions
• Correct answers with detailed rationales
• Exam-style multiple-choice practice questions
• High-yield study notes and review materials
• Updated 2026/2027 content
• A+ graded exam preparation resource
,VA Contractors General (Class A or B)
1. Which of the following estimating methods is typically used by the
architect rather than the contractor?
A. Detailed estimate
B. Conceptual estimate
C. Parametric estimate
D. Unit cost estimate
Answer: B
Rationale: Architects often use conceptual estimates early in design when
few details are available. Contractors typically use detailed or unit cost
estimates once plans are complete.
2. An agreement that calls for a contractor to be paid actual costs for
labor and materials plus a fixed fee for the contractor's overhead and
profit is called a...
A. Lump sum contract
B. Time and materials contract
C. Cost plus contract
D. Unit price contract
Answer: C
Rationale: A cost-plus-fixed-fee contract reimburses the contractor for
actual costs plus a predetermined fee for overhead and profit.
, 3. Equipment needs for a project are BEST estimated by...
A. Asking the supplier
B. Calculating the number of hours or days it is needed
C. Using last project's equipment list
D. Guessing based on square footage
Answer: B
Rationale: Accurate equipment estimation requires calculating the duration
of use (hours/days) based on production rates and project schedule.
4. What type of insurance is needed for a partnership to insure that the
business does NOT go out of business if one partner dies?
A. Workers' compensation
B. General liability
C. Business interruption
D. Key man
Answer: D
Rationale: Key man (or key person) insurance provides funds to the
business to cover losses and transition costs if a critical partner dies.
5. An owner hires a construction manager for a project. Which of the
following is TRUE with regard to subcontractors?
A. The subcontractors report directly to the owner
B. The subcontractors are prime contractors
C. The construction manager hires all subcontractors directly
D. Subcontractors do not need contracts
