Virginia Class A Contractor Exam Questions &
Answers - Complete Study Guide 2 versions
1. Under Virginia Code § 54.1-1100, what is the maximum single contract value for
a Class C contractor?
A) $5,000
B) $10,000
C) $15,000
D) $25,000
B) $10,000
Class C contractors are limited to single contracts over $1,000 but not exceeding $10,000.
Annual work must not exceed $150,000.
2. What is the maximum annual work volume for a Class C contractor?
A) $50,000
B) $100,000
C) $150,000
D) $250,000
C) $150,000
Class C contractors may perform work where the total value of all projects within any 12-
month period does not exceed $150,000.
3. What is the minimum net worth requirement for a Class A contractor license?
A) $5,000
B) $15,000
,C) $45,000
D) $100,000
C) $45,000
Class A requires a minimum net worth of $45,000. A $50,000 surety bond may be
submitted in lieu of the net worth requirement.
4. What is the minimum net worth requirement for a Class B contractor license?
A) $5,000
B) $15,000
C) $45,000
D) $100,000
B) $15,000
Class B requires a minimum net worth of $15,000. Class C requires $5,000.
5. What is the minimum net worth requirement for a Class C contractor license?
A) $5,000
B) $10,000
C) $15,000
D) No net worth requirement
A) $5,000
Class C requires a minimum net worth of $5,000. This is the lowest net worth requirement
among the three license classes.
6. What is the required experience for a Class A contractor applicant?
,A) 1 year
B) 3 years
C) 5 years
D) 10 years
C) 5 years
Class A applicants must have a minimum of five years of experience. Class B requires three
years.
7. What is the required experience for a Class B contractor applicant?
A) 1 year
B) 3 years
C) 5 years
D) 7 years
B) 3 years
Class B applicants must have a minimum of three years of experience. Class A requires five
years.
8. What is the required experience for a Class C contractor applicant?
A) 1 year
B) 2 years
C) 3 years
D) 5 years
A) 1 year
Class C applicants must have a minimum of one year of experience.
, 9. A contractor is preparing a bid for a project valued at $150,000. What license
class is required?
A) Class A
B) Class B
C) Class C
D) No license required
A) Class A
Class A covers contracts of $120,000 or more. Class B covers $10,000 to less than
$120,000. Class C covers $1,000 to $10,000.
10. A contractor is preparing a bid for a project valued at $80,000. What license
class is required?
A) Class A
B) Class B
C) Class C
D) No license required
B) Class B
Class B covers single contracts of $10,000 or more but less than $120,000. An $80,000
project falls within this range.
11. A contractor is preparing a bid for a project valued at $8,000. What license
class is required?
A) Class A
B) Class B
C) Class C
D) No license required
C) Class C
Answers - Complete Study Guide 2 versions
1. Under Virginia Code § 54.1-1100, what is the maximum single contract value for
a Class C contractor?
A) $5,000
B) $10,000
C) $15,000
D) $25,000
B) $10,000
Class C contractors are limited to single contracts over $1,000 but not exceeding $10,000.
Annual work must not exceed $150,000.
2. What is the maximum annual work volume for a Class C contractor?
A) $50,000
B) $100,000
C) $150,000
D) $250,000
C) $150,000
Class C contractors may perform work where the total value of all projects within any 12-
month period does not exceed $150,000.
3. What is the minimum net worth requirement for a Class A contractor license?
A) $5,000
B) $15,000
,C) $45,000
D) $100,000
C) $45,000
Class A requires a minimum net worth of $45,000. A $50,000 surety bond may be
submitted in lieu of the net worth requirement.
4. What is the minimum net worth requirement for a Class B contractor license?
A) $5,000
B) $15,000
C) $45,000
D) $100,000
B) $15,000
Class B requires a minimum net worth of $15,000. Class C requires $5,000.
5. What is the minimum net worth requirement for a Class C contractor license?
A) $5,000
B) $10,000
C) $15,000
D) No net worth requirement
A) $5,000
Class C requires a minimum net worth of $5,000. This is the lowest net worth requirement
among the three license classes.
6. What is the required experience for a Class A contractor applicant?
,A) 1 year
B) 3 years
C) 5 years
D) 10 years
C) 5 years
Class A applicants must have a minimum of five years of experience. Class B requires three
years.
7. What is the required experience for a Class B contractor applicant?
A) 1 year
B) 3 years
C) 5 years
D) 7 years
B) 3 years
Class B applicants must have a minimum of three years of experience. Class A requires five
years.
8. What is the required experience for a Class C contractor applicant?
A) 1 year
B) 2 years
C) 3 years
D) 5 years
A) 1 year
Class C applicants must have a minimum of one year of experience.
, 9. A contractor is preparing a bid for a project valued at $150,000. What license
class is required?
A) Class A
B) Class B
C) Class C
D) No license required
A) Class A
Class A covers contracts of $120,000 or more. Class B covers $10,000 to less than
$120,000. Class C covers $1,000 to $10,000.
10. A contractor is preparing a bid for a project valued at $80,000. What license
class is required?
A) Class A
B) Class B
C) Class C
D) No license required
B) Class B
Class B covers single contracts of $10,000 or more but less than $120,000. An $80,000
project falls within this range.
11. A contractor is preparing a bid for a project valued at $8,000. What license
class is required?
A) Class A
B) Class B
C) Class C
D) No license required
C) Class C
