VA Contractor
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![VA Contractor General Questions With 100% Correct Answers 2024](/docpics/4531395/65d18c14ec002_4531395_121_171.jpeg)
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VA Contractor General Questions With 100% Correct Answers 2024
- Exam (elaborations) • 13 pages • 2024
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VA Contractor General Questions With 100% Correct Answers 2024
VA Contractor General Questions | 50 Questions | Answered Correctly Graded A+
![VA Contractor General Actual 50 Questions with 100% Correct Answers | Updated | Download to score A+](/docpics/5024453/661f43e488131_5024453_121_171.jpeg)
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VA Contractor General Actual 50 Questions with 100% Correct Answers | Updated | Download to score A+
- Exam (elaborations) • 11 pages • 2024
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1.	A contractor does not notify a change of address and so does not receive a timely Notice of Renewal. Who is responsible for when the contractor does not renew his license on time? 
ANS The Licensee Contractor 
2.	A Designated Employee should be? 
ANS At least 18, Full Time, Passed Required Exams 
3.	What is the initial Recovery Fund fee? 
ANS $25.00 
4.	If a contractor ears more that $	per year, then the contractor is required to have a Class A. 
ANS $750,000.00 
5.	If a contract awards more ...
![VA Contractor General Questions | 100% Correct Answers | Verified | Latest 2024 Version](/docpics/4599019/65db8f6e8bf0a_4599019_121_171.jpeg)
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VA Contractor General Questions | 100% Correct Answers | Verified | Latest 2024 Version
- Exam (elaborations) • 7 pages • 2024
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A contractor does not notify a change of address and so does not receive a timely Notice of Renewal. 
Who is responsible for when the contractor does not renew his license on time? - The Licensee 
Contractor 
A Designated Employee should be? - At least 18, Full Time, Passed Required Exams 
What is the initial Recovery Fund fee? - $25.00 
If a contractor ears more that $_______ per year, then the contractor is required to have a Class A. - 
$750,000.00 
If a contract awards more than $_________ p...
VA Contractor General Questions and Answers Verified 2024
![VA Contractor General Questions and Answers 2024](/docpics/4823486/65ffcb4119449_4823486_121_171.jpeg)
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VA Contractor General Questions and Answers 2024
- Exam (elaborations) • 5 pages • 2024
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VA Contractor General Questions and Answers 2024
![VA Contractors VA Advanced (Class A) Actual Questions with 100% Correct Answers | Updated | Download to score A+](/docpics/5024446/661f43350812c_5024446_121_171.jpeg)
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VA Contractors VA Advanced (Class A) Actual Questions with 100% Correct Answers | Updated | Download to score A+
- Exam (elaborations) • 9 pages • 2024
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1.	A lump sum contract on a project has a total contract price of $160,000. Retainage has been held back at 10%. The contractor has received progress payments for 75% of the project. The contractor submits a request for final payment for the new completed project. The final payment amount should be for... 
ANS More than $50,000 
2.	What is the total value of current assets for an accrual basis company that has the following? Checking account cash balance is $4,800; materials inventory for work-i...
![VA Contractors General (Class A or B) Actual 20242025 Questions with 100% Correct Answers | Updated | Download to score A+](/docpics/5024457/661f43edc6b5d_5024457_121_171.jpeg)
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VA Contractors General (Class A or B) Actual 20242025 Questions with 100% Correct Answers | Updated | Download to score A+
- Exam (elaborations) • 9 pages • 2024
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1.	Which of the following estimating methods is typically used by the architect rather than the contractor? 
ANS Conceptual estimate 
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... 
ANS cost plus contract 
3.	Equipment needs for a project are BEST estimated by... 
ANS Calculating the number of hours or days it is needed 
4.	What type of insurance is needed for a partnership to i...
![VA Contractor General Questions With Correct Answers!!](/docpics/4825690/6602a6efce339_4825690_121_171.jpeg)
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VA Contractor General Questions With Correct Answers!!
- Exam (elaborations) • 5 pages • 2024
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- $10.49
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A contractor does not notify a change of address and so does not receive a timely Notice of Renewal. Who is responsible for when the contractor does not renew his license on time? -ANSWER The Licensee Contractor 
 
A Designated Employee should be? -ANSWER At least 18, Full Time, Passed Required Exams 
 
What is the initial Recovery Fund fee? -ANSWER $25.00 
 
If a contractor ears more that $_______ per year, then the contractor is required to have a Class A. -ANSWER $750,000.00 
 
If a contract ...
![VA CONTRACTOR QUESTIONS AND ANSWERS](/docpics/4559338/65d5b4e22644a_4559338_121_171.jpeg)
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VA CONTRACTOR QUESTIONS AND ANSWERS
- Exam (elaborations) • 2 pages • 2024
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VA CONTRACTOR QUESTIONS AND ANSWERS
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