Virginia Contractor's questions and answers Exam
What is the MAXIMUM penalty f̣or a contractor who undertakes work without the proper class o f̣
license? - $500 f̣ine per day f̣or each day of̣ violation plus penalties f̣or a misdemeanor.
What is the PRIMARY purpose of̣ licensing? - Protect the health and wel f̣are o f̣ the public.
The application f̣or licensure MUST include - the business address o f̣ the proposed designated employee.
All of̣ the f̣ollowing must be licensed EXCEPT - a material supplier who advises a contractor.
When a claimant is paid f̣unds f̣rom the Contractors Recovery Trust Fund - the contractor's license is
revoked.
All Class A contractor licensure applications MUST include - in f̣ormation on the knowledge, skills, and
abilities of̣ the applicant.
Which of̣ the f̣ollowing is a requirement f̣or a joint venture? - Either the joint venture or each contracting
party of̣ the joint venture must be licensed
How much is the Class A initial license f̣ee not including the Recovery Fund f̣ee? - $360
According to the Board Rules and Regulations, a f̣ull-time employee is one who works a MINIMUM o f̣
how many hours per week? - 30 hours.
According to the Board Rules and Regulations, which o f̣ the f̣ollowing could be a quali f̣ied individual? -
Any f̣ull-time employee
A f̣irm desiring to be licensed as a Class B contractor MUST have a MINIMUM net worth o f̣ - $15,000
, A licensee's name change MUST be reported to the Board within a MAXIMUM o f̣ how many days? - 30
days.
Additions to buildings MUST comply with - the current code f̣or new construction.
When MUST the work be stopped f̣ollowing the issuance o f̣ a stop work order? - Immediately
Who is to be in charge of̣ a local building department? - Building o f̣ficial.
̣
An appeal of̣ the local building of̣ficial's
̣ decision to re f̣use to grant a modi f̣ication to the USBC MUST be
made to the local building board within a MAXIMUM o f̣ how many days? - 90 days.
A building of̣ficial
̣ MUST issue a certif̣icate of̣ occupancy f̣or a building that meets all the requirements
f̣or a certif̣icate within a MAXIMUM of̣ how many working days a f̣ter the certi f̣icate was requested? - 5
Contractors will be assessed a f̣ee f̣or the Transaction Recovery Fund whenever the f̣und balance is less
than - $400,000.
Contractors who are assessed a f̣ee to support the Transaction Recovery Fund MUST pay this f̣ee within
a MINIMUM of̣ how many days f̣rom when the assessment f̣ee notice was mailed? - 45 days.
A verif̣ied claim f̣or payment f̣rom the Transaction Recovery Fund MUST occur within a MAXIMUM o f̣
what period of̣ time f̣rom the date the claimant was awarded a f̣inal judgment? - 12 months.
Payments made by the Transaction Recovery Fund to claimants may include an amount f̣or - attorneys'
f̣ees.
A contract f̣or which of̣ the f̣ollowing types of̣ structures may be subject to recovery f̣rom the
Transaction Recovery Fund? - Residential only
An appeal of̣ a f̣inal decision of̣ a county on an erosion control plan MUST be f̣iled within a MAXIMUM o f̣
how many days? - 30 days.
What is the MAXIMUM penalty f̣or a contractor who undertakes work without the proper class o f̣
license? - $500 f̣ine per day f̣or each day of̣ violation plus penalties f̣or a misdemeanor.
What is the PRIMARY purpose of̣ licensing? - Protect the health and wel f̣are o f̣ the public.
The application f̣or licensure MUST include - the business address o f̣ the proposed designated employee.
All of̣ the f̣ollowing must be licensed EXCEPT - a material supplier who advises a contractor.
When a claimant is paid f̣unds f̣rom the Contractors Recovery Trust Fund - the contractor's license is
revoked.
All Class A contractor licensure applications MUST include - in f̣ormation on the knowledge, skills, and
abilities of̣ the applicant.
Which of̣ the f̣ollowing is a requirement f̣or a joint venture? - Either the joint venture or each contracting
party of̣ the joint venture must be licensed
How much is the Class A initial license f̣ee not including the Recovery Fund f̣ee? - $360
According to the Board Rules and Regulations, a f̣ull-time employee is one who works a MINIMUM o f̣
how many hours per week? - 30 hours.
According to the Board Rules and Regulations, which o f̣ the f̣ollowing could be a quali f̣ied individual? -
Any f̣ull-time employee
A f̣irm desiring to be licensed as a Class B contractor MUST have a MINIMUM net worth o f̣ - $15,000
, A licensee's name change MUST be reported to the Board within a MAXIMUM o f̣ how many days? - 30
days.
Additions to buildings MUST comply with - the current code f̣or new construction.
When MUST the work be stopped f̣ollowing the issuance o f̣ a stop work order? - Immediately
Who is to be in charge of̣ a local building department? - Building o f̣ficial.
̣
An appeal of̣ the local building of̣ficial's
̣ decision to re f̣use to grant a modi f̣ication to the USBC MUST be
made to the local building board within a MAXIMUM o f̣ how many days? - 90 days.
A building of̣ficial
̣ MUST issue a certif̣icate of̣ occupancy f̣or a building that meets all the requirements
f̣or a certif̣icate within a MAXIMUM of̣ how many working days a f̣ter the certi f̣icate was requested? - 5
Contractors will be assessed a f̣ee f̣or the Transaction Recovery Fund whenever the f̣und balance is less
than - $400,000.
Contractors who are assessed a f̣ee to support the Transaction Recovery Fund MUST pay this f̣ee within
a MINIMUM of̣ how many days f̣rom when the assessment f̣ee notice was mailed? - 45 days.
A verif̣ied claim f̣or payment f̣rom the Transaction Recovery Fund MUST occur within a MAXIMUM o f̣
what period of̣ time f̣rom the date the claimant was awarded a f̣inal judgment? - 12 months.
Payments made by the Transaction Recovery Fund to claimants may include an amount f̣or - attorneys'
f̣ees.
A contract f̣or which of̣ the f̣ollowing types of̣ structures may be subject to recovery f̣rom the
Transaction Recovery Fund? - Residential only
An appeal of̣ a f̣inal decision of̣ a county on an erosion control plan MUST be f̣iled within a MAXIMUM o f̣
how many days? - 30 days.
