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VA Contractors: Virginia (Class A or B) Exam Questions With Accurate Answers
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  • VA Contractors: Virginia
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  • VA Contractors: Virginia

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...

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Document information

  • April 4, 2024
  • 2
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • va contractors virginia class a or b exam quest
  • va contractors virginia class a or b exam stuvi
  • all class a contractor licensure applications must

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  • VA Contractors: Virginia
  • VA Contractors: Virginia

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VA Contractors: Virginia (Class A or B)
Exam Questions With Accurate
Answers

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

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

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

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

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