Complete Practice Examination – 2026/2027 Academic Year
125 Verified Questions with ANSWERs and Rationales
SECTION 1: VIRGINIA CONTRACTOR LICENSING LAWS & DPOR REGULATIONS
(Questions 1–30)
Question 1
What is the maximum single contract value for which a Class A contractor in Virginia may perform work?
A) Up to $120,000
B) Up to $750,000
C) Unlimited
D) Up to $500,000
Correct ANSWER: C
Rationale: Class A contractors are authorized to perform work of unlimited contract value on any single
project and unlimited aggregate annual value. Class B is limited to $120,000 per contract and less than
$750,000 annually; Class C is limited to $10,000 per contract and $150,000 annually.
Question 2
What is the minimum net worth requirement for a Class A contractor license in Virginia?
,A) $15,000
B) $25,000
C) $45,000
D) $100,000
Correct ANSWER: C
Rationale: Class A requires a minimum net worth of $45,000 documented by a certified balance sheet
prepared by a CPA. Class B requires $15,000 net worth. Class C has no net worth requirement but
requires a surety bond or irrevocable letter of credit.
Question 3
Which governing body in Virginia is primarily responsible for the issuance of Class A Contractor Licenses?
A) Virginia Department of Transportation (VDOT)
B) Virginia Department of Professional and Occupational Regulation (DPOR)
C) Virginia Department of Labor and Industry
D) State Corporation Commission
Correct ANSWER: B
Rationale: DPOR oversees licensing for all professional trades in Virginia, including contractors through
the Virginia Board for Contractors (VBC).
Question 4
A contractor's license was issued on May 10th. When does the license officially expire?
A) One year from the date of issuance
B) Two years from the last day of the month in which it was issued
C) Every December 31st of the second year
,D) On the anniversary of the contractor's birthday
Correct ANSWER: B
Rationale: Virginia contractor licenses are biennial (valid for two years). They expire on the last day of
the month in which they were originally issued, two years later. For a May 10th issuance, expiration
would be May 31st two years later.
Question 5
All Class A contractor licensure applications MUST include:
A) Information on the knowledge, skills, and abilities of the applicant
B) A $5,000 application fee
C) Proof of five years of experience
D) A letter of recommendation from a licensed contractor
Correct ANSWER: A
Rationale: All Class A contractor licensure applications must include information on the knowledge,
skills, and abilities of the applicant.
Question 6
What is the penalty for contracting without a proper license in Virginia?
A) A civil fine only
B) A Class 1 misdemeanor with fines, criminal prosecution, and civil liability
C) License suspension for one year
D) A warning for first-time offenders
Correct ANSWER: B
, Rationale: Contracting without a proper license in Virginia is a Class 1 misdemeanor and can result in
fines, criminal prosecution, and civil liability. An unlicensed contractor cannot enforce a contract or
collect payment for work that required a license.
Question 7
A licensee's name change MUST be reported to the Board within a MAXIMUM of how many days?
A) 10 days
B) 15 days
C) 30 days
D) 60 days
Correct ANSWER: C
Rationale: A licensee's name change must be reported to the Board within a maximum of 30 days.
Question 8
How much is the Class A initial license fee in Virginia?
A) $100
B) $150
C) $200
D) $300
Correct ANSWER: C
Rationale: The Class A initial license fee is $200.