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Virginia Contractor's Exam Questions and Answers 2026/2027 | A+ Graded

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Study resource designed for the Virginia Contractor's Exam, featuring practice questions and answers covering key contractor licensing concepts, construction practices, safety requirements, business and law principles, project management, contracts, estimating, regulations, and professional responsibilities. Organized to reinforce essential knowledge and support effective preparation for the Virginia contractor licensing examination.

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Virginia Contractor's Exam Questions
And Answers Already
Passed!!!A+GRADED
What is the MAXIMUM penalty f ̣or a contractor who undertakes work without the proper
class of ̣ license? - correct answer...✔✔$500 f ̣ine per day f ̣or each day of ̣ violation plus
penalties f ̣or a misdemeanor.

What is the PRIMARY purpose of ̣ licensing? - correct answer...✔✔Protect the health
and welf ̣are of ̣ the public.

The application f ̣or licensure MUST include - correct answer...✔✔the business address
of ̣ the proposed designated employee.

All of ̣ the f ̣ollowing must be licensed EXCEPT - correct answer...✔✔a material supplier
who advises a contractor.

When a claimant is paid f ̣unds f ̣rom the Contractors Recovery Trust Fund - correct
answer...✔✔the contractor's license is revoked.

All Class A contractor licensure applications MUST include - correct
answer...✔✔inf ̣ormation on the knowledge, skills, and abilities of ̣ the applicant.

Which of ̣ the f ̣ollowing is a requirement f ̣or a joint venture? - correct answer...✔✔Either
the joint venture or each contracting party of ̣ the joint venture must be licensed

How much is the Class A initial license f ̣ee not including the Recovery Fund f ̣ee? -
correct answer...✔✔$360

According to the Board Rules and Regulations, a f ̣ull-time employee is one who works a
MINIMUM of ̣ how many hours per week? - correct answer...✔✔30 hours.

According to the Board Rules and Regulations, which of ̣ the f ̣ollowing could be a
qualif ̣ied individual? - correct answer...✔✔Any f ̣ull-time employee

A f ̣irm desiring to be licensed as a Class B contractor MUST have a MINIMUM net
worth of ̣ - correct answer...✔✔$15,000

A licensee's name change MUST be reported to the Board within a MAXIMUM of ̣ how
many days? - correct answer...✔✔30 days.



AGRADESOLUTIONS

, Additions to buildings MUST comply with - correct answer...✔✔the current code f ̣or
new construction.

When MUST the work be stopped f ̣ollowing the issuance of ̣ a stop work order? - correct
answer...✔✔Immediately

Who is to be in charge of ̣ a local building department? - correct answer...✔✔Building
of ̣f ̣icial.

An appeal of ̣ the local building of ̣f ̣icial's decision to ref ̣use to grant a modif ̣ication to the
USBC MUST be made to the local building board within a MAXIMUM of ̣ how many
days? - correct answer...✔✔90 days.

A building of ̣f ̣icial MUST issue a certif ̣icate of ̣ occupancy f ̣or a building that meets all the
requirements f ̣or a certif ̣icate within a MAXIMUM of ̣ how many working days af ̣ter the
certif ̣icate was requested? - correct answer...✔✔5

Contractors will be assessed a f ̣ee f ̣or the Transaction Recovery Fund whenever the
f ̣und balance is less than - correct answer...✔✔$400,000.

Contractors who are assessed a f ̣ee to support the Transaction Recovery Fund MUST
pay this f ̣ee within a MINIMUM of ̣ how many days f ̣rom when the assessment f ̣ee notice
was mailed? - correct answer...✔✔45 days.

A verif ̣ied claim f ̣or payment f ̣rom the Transaction Recovery Fund MUST occur within a
MAXIMUM of ̣ what period of ̣ time f ̣rom the date the claimant was awarded a f ̣inal
judgment? - correct answer...✔✔12 months.

Payments made by the Transaction Recovery Fund to claimants may include an
amount f ̣or - correct answer...✔✔attorneys' f ̣ees.

A contract f ̣or which of ̣ the f ̣ollowing types of ̣ structures may be subject to recovery f ̣rom
the Transaction Recovery Fund? - correct answer...✔✔Residential only

An appeal of ̣ a f ̣inal decision of ̣ a county on an erosion control plan MUST be f ̣iled within
a MAXIMUM of ̣ how many days? - correct answer...✔✔30 days.

Temporary erosion and sediment control measures MUST be removed within a
MAXIMUM of ̣ how many days af ̣ter the f ̣inal site stabilization? - correct answer...✔✔30
days.

Which of ̣ the f ̣ollowing statements about a sole proprietorship is TRUE? - correct
answer...✔✔The business, or any part of ̣ it, can be sold, altered, or exchanged at will.




AGRADESOLUTIONS

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