Mississippi Contractors Licensing Exam Preparation
Mississippi Contractors Licensing Exam Preparation
Study online at https://quizlet.com/_gkjbu1
1. Minimum net $50,000 net worth.
worth for contrac-
tor license
2. Years of experi- 4 years of experience in the field.
ence required for
contractor license
3. Purpose of the The Mississippi Contractor's License Board regulates the licensing of contractors,
Mississippi Con- ensuring that they meet legal and professional standards.
tractor's License
Board
4. Types of work re- General contracting, electrical, plumbing, HVAC, and mechanical work, among
quiring a contrac- others.
tor's license
5. Penalty for work- Penalties can include fines of up to $1,000 or imprisonment for up to 6 months.
ing as an unli-
censed contractor
6. General liability Contractors must have a minimum of $100,000 in general liability insurance.
insurance require-
ment for contrac-
tors
7. Requirements for A completed application form, proof of experience, proof of financial stability,
contractor license proof of insurance, and an application fee.
application
8. Contractor bond A $25,000 contractor bond is required.
requirement in
Mississippi
1/7
, Mississippi Contractors Licensing Exam Preparation
Mississippi Contractors Licensing Exam Preparation
Study online at https://quizlet.com/_gkjbu1
9. Agency adminis- The Mississippi State Board of Contractors.
tering the Mis-
sissippi Contrac-
tors State Licens-
ing Exam
10. License renewal Every 2 years.
frequency for con-
tractors
11. Required passing A passing score of 70%.
score for the Mis-
sissippi Contrac-
tors Business and
Law exam
12. Purpose of the To ensure contractors are familiar with business, legal, and financial aspects of
Mississippi Con- running a contracting business.
tractors Business
and Law exam
13. Responsible man- A person with qualifying experience in the contracting business and who meets
aging officer the necessary requirements set by the licensing board.
(RMO) for licensed
contractor
14. Deadline for sub- Contractors must submit their applications at least 30 days before they begin any
mitting contrac- work that requires a license.
tor's license appli-
cation
15. Official book con- The Mississippi Construction Law Handbook.
taining laws and
2/7
Mississippi Contractors Licensing Exam Preparation
Study online at https://quizlet.com/_gkjbu1
1. Minimum net $50,000 net worth.
worth for contrac-
tor license
2. Years of experi- 4 years of experience in the field.
ence required for
contractor license
3. Purpose of the The Mississippi Contractor's License Board regulates the licensing of contractors,
Mississippi Con- ensuring that they meet legal and professional standards.
tractor's License
Board
4. Types of work re- General contracting, electrical, plumbing, HVAC, and mechanical work, among
quiring a contrac- others.
tor's license
5. Penalty for work- Penalties can include fines of up to $1,000 or imprisonment for up to 6 months.
ing as an unli-
censed contractor
6. General liability Contractors must have a minimum of $100,000 in general liability insurance.
insurance require-
ment for contrac-
tors
7. Requirements for A completed application form, proof of experience, proof of financial stability,
contractor license proof of insurance, and an application fee.
application
8. Contractor bond A $25,000 contractor bond is required.
requirement in
Mississippi
1/7
, Mississippi Contractors Licensing Exam Preparation
Mississippi Contractors Licensing Exam Preparation
Study online at https://quizlet.com/_gkjbu1
9. Agency adminis- The Mississippi State Board of Contractors.
tering the Mis-
sissippi Contrac-
tors State Licens-
ing Exam
10. License renewal Every 2 years.
frequency for con-
tractors
11. Required passing A passing score of 70%.
score for the Mis-
sissippi Contrac-
tors Business and
Law exam
12. Purpose of the To ensure contractors are familiar with business, legal, and financial aspects of
Mississippi Con- running a contracting business.
tractors Business
and Law exam
13. Responsible man- A person with qualifying experience in the contracting business and who meets
aging officer the necessary requirements set by the licensing board.
(RMO) for licensed
contractor
14. Deadline for sub- Contractors must submit their applications at least 30 days before they begin any
mitting contrac- work that requires a license.
tor's license appli-
cation
15. Official book con- The Mississippi Construction Law Handbook.
taining laws and
2/7