VA CONTRACTORS: VIRGINIA
(CLASS A OR B) 2026/27 NEWEST
UPDATE
All Class A contractor licensure applications MUST include... - ANSWER-Information
on the knowledge, skills, and abilities of the applicant
Which of the following is a requirement for a joint venture? - ANSWER-Either the
joint venture or each contracting party of the joint venture must be licensed
All of the following must be licensed EXCEPT... - ANSWER-A material supplier who
advises a contractor
Payments made by the Transaction Recovery Fund to claimants may include an
amount for... - ANSWER-Attorney's fees
A licensee's name change MUST be reported to the Board within a MAXIMUM of
how many days? - ANSWER-30 days
Contractors will be assessed a fee for the Transaction Recovery Fund whenever the
fund balance is less than... - ANSWER-$400,000
The application for licensure MUST include... - ANSWER-The business address of
the proposed designated employee
An appeal of a final decision of a county on an erosion control plan MUST be filed
within a MAXIMUM of how many days? - ANSWER-30 days
How much is the Class A initial license fee? - ANSWER-$200
When a claimant is paid funds from the Contractors Recovery Trust Fund... -
ANSWER-The contractor's license is revoked
A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net
worth of... - ANSWER-$15,000
A contract for which of the following types of structures may be subject to recovery
from the Transaction Recovery Fund? - ANSWER-Residential only
Additions to buildings MUST comply with - ANSWER-The current code for new
construction
Who is to be in charge of a local building department? - ANSWER-Building official
(CLASS A OR B) 2026/27 NEWEST
UPDATE
All Class A contractor licensure applications MUST include... - ANSWER-Information
on the knowledge, skills, and abilities of the applicant
Which of the following is a requirement for a joint venture? - ANSWER-Either the
joint venture or each contracting party of the joint venture must be licensed
All of the following must be licensed EXCEPT... - ANSWER-A material supplier who
advises a contractor
Payments made by the Transaction Recovery Fund to claimants may include an
amount for... - ANSWER-Attorney's fees
A licensee's name change MUST be reported to the Board within a MAXIMUM of
how many days? - ANSWER-30 days
Contractors will be assessed a fee for the Transaction Recovery Fund whenever the
fund balance is less than... - ANSWER-$400,000
The application for licensure MUST include... - ANSWER-The business address of
the proposed designated employee
An appeal of a final decision of a county on an erosion control plan MUST be filed
within a MAXIMUM of how many days? - ANSWER-30 days
How much is the Class A initial license fee? - ANSWER-$200
When a claimant is paid funds from the Contractors Recovery Trust Fund... -
ANSWER-The contractor's license is revoked
A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net
worth of... - ANSWER-$15,000
A contract for which of the following types of structures may be subject to recovery
from the Transaction Recovery Fund? - ANSWER-Residential only
Additions to buildings MUST comply with - ANSWER-The current code for new
construction
Who is to be in charge of a local building department? - ANSWER-Building official
