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NASLCA VIRGINIA EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS
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NASLCA VIRGINIA EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS
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NASLCA VIRGINIA EXAM 2024/2025WITH 100% ACCURATE SOLUTIONS
What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of
license? - Precise Answer ✔✔$500 fine per day for each day of violation plus penalties for a
misdemeanor.
All Class A contractor licensure applications MUST include - Precise Answer ✔✔information on the
knowledge, skills, and abilities of the applicant.
What is the PRIMARY purpose of licensing? - Precise Answer ✔✔Protect the health and welfare of the
public.
When a claimant is paid funds from the Contractors Recovery Trust Fund - Precise Answer ✔✔the
contractor's license is revoked. !!!
The application for licensure MUST include - Precise Answer ✔✔the business address of the proposed
designated employee.
Which of the following is a requirement for a joint venture? - Precise Answer ✔✔Either the joint venture
or each contracting party of the joint venture must be licensed.
All of the following must be licensed EXCEPT - Precise Answer ✔✔a material supplier who advises a
contractor.
How much is the Class A initial license fee? - Precise Answer ✔✔$200
A licensee's name change MUST be reported to the Board within a MAXIMUM of how many days? -
Precise Answer ✔✔30 days
,According to the Board Rules and Regulations, a full-time employee is one who works a MINIMUM of
how many hours per week? - Precise Answer ✔✔30 hours.
A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net worth of - Precise
Answer ✔✔$15,000.
According to the Board Rules and Regulations, which of the following could be a qualified individual? -
Precise Answer ✔✔Any full-time employee.
An appeal of the local building official's decision to refuse to grant a modification to the USBC MUST be
made to the local building board within a MAXIMUM of how many days? - Precise Answer ✔✔90 days.
A building official MUST issue a certificate of occupancy for a building that meets all the requirements
for a certificate within a MAXIMUM of how many working days after the certificate was requested? -
Precise Answer ✔✔5
Additions to buildings MUST comply with - Precise Answer ✔✔the current code for new construction.
When MUST the work be stopped following the issuance of a stop work order? - Precise Answer
✔✔Immediately
Who is to be in charge of a local building department? - Precise Answer ✔✔Building official.
Contractors who are assessed a fee to support the Transaction Recovery Fund MUST pay this fee within
a MINIMUM of how many days from when the assessment fee notice was mailed? - Precise Answer
✔✔45 days
Contractors will be assessed a fee for the Transaction Recovery Fund whenever the fund balance is less
than - Precise Answer ✔✔$400,000.
Payments made by the Transaction Recovery Fund to claimants may include an amount for - Precise
Answer ✔✔attorneys' fees.
, A contract for which of the following types of structures may be subject to recovery from the
Transaction Recovery Fund? - Precise Answer ✔✔Residential only.
A verified claim for payment from the Transaction Recovery Fund MUST occur within a MAXIMUM of
what period of time from the date the claimant was awarded a final judgment? - Precise Answer ✔✔12
months.
An appeal of a final decision of a county on an erosion control plan MUST be filed within a MAXIMUM of
how many days? - Precise Answer ✔✔30 days.
Temporary erosion and sediment control measures MUST be removed within a MAXIMUM of how many
days after the final site stabilization? - Precise Answer ✔✔30 days.
Which of the following statements about a sole proprietorship is TRUE? - Precise Answer ✔✔The
business, or any part of it, can be sold, altered, or exchanged at will.
What type of business organization allows people to share financial resources? - Precise Answer
✔✔Partnership.
Which of the following estimating methods is typically used by the architect rather than the contractor?
- Precise Answer ✔✔Conceptual estimate.
Equipment needs for a project are BEST estimated by - Precise Answer ✔✔calculating the number of
hours or days it is needed.
What should be added to wage rates to ensure accuracy in estimating labor for a project? - Precise
Answer ✔✔Labor burden.
A reason for using a lower than usual profit markup for a specific project could be to - Precise Answer
✔✔cover company overhead costs.
Which of the following is a TRUE statement about estimating? - Precise Answer ✔✔Both overestimating
and underestimating costs could have disastrous consequences.
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