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Exam (elaborations)

Virginia Contractor's Exam

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  • Virginia Hic

Virginia Contractor's Exam What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of license? - ANS $500 fine per day for each day of violation plus penalties for a misdemeanor. What is the PRIMARY purpose of licensing? - ANS Protect th...

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  • October 29, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Virginia Hic
  • Virginia Hic
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DocLaura
Virginia Contractor's Exam


What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of
license? - ANS $500 fine per day for each day of violation plus penalties for a
misdemeanor.
What is the PRIMARY purpose of licensing? - ANS Protect the health and welfare of the
public.
The application for licensure MUST include - ANS the business address of the proposed
designated employee.
All of the following must be licensed EXCEPT - ANS a material supplier who advises a
contractor.
When a claimant is paid funds from the Contractors Recovery Trust Fund - ANS the
contractor's license is revoked.
All Class A contractor licensure applications MUST include - ANS information on the
knowledge, skills, and abilities of the applicant.
Which of the following is a requirement for a joint venture? - ANS Either the joint venture or
each contracting party of the joint venture must be licensed
How much is the Class A initial license fee not including the Recovery Fund fee? - ANS
$360
According to the Board Rules and Regulations, a full-time employee is one who works a
MINIMUM of how many hours per week? - ANS 30 hours.
According to the Board Rules and Regulations, which of the following could be a qualified
individual? - ANS Any full-time employee
A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net worth of -
ANS $15,000
A licensee's name change MUST be reported to the Board within a MAXIMUM of how many
days? - ANS 30 days.
Additions to buildings MUST comply with - ANS the current code for new construction.
When MUST the work be stopped following the issuance of a stop work order? - ANS
Immediately
Who is to be in charge of a local building department? - ANS Building official.
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? - ANS
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? - ANS 5
Contractors will be assessed a fee for the Transaction Recovery Fund whenever the fund
balance is less than - ANS $400,000.

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