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VA Contractor General Questions with Complete Correct Answers Pack | Grade A+
VA Contractor General Questions with Complete Correct Answers Pack | Grade A+
[Show more]VA Contractor General Questions with Complete Correct Answers Pack | Grade A+
[Show more]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 
A Designated Employee should be? 
Ans: At least 18, Full Time, Passed Required Exams 
W...
Preview 2 out of 13 pages
Add to cartA 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 
A Designated Employee should be? 
Ans: At least 18, Full Time, Passed Required Exams 
W...
A lump sum contract on a project has a total contract price of $200,000. Retainage has been 
held back at 10%. The contractor has received progress payments of 90% of the project. The 
contractor submits a request for the final payment for the now completed project. The final 
payment amount shou...
Preview 2 out of 14 pages
Add to cartA lump sum contract on a project has a total contract price of $200,000. Retainage has been 
held back at 10%. The contractor has received progress payments of 90% of the project. The 
contractor submits a request for the final payment for the now completed project. The final 
payment amount shou...
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