EstatePass
Business & FinanceRegulationseasy15% of exam part

A general contractor's license expires on March 31st. How many hours of continuing education must be completed during the preceding biennium to maintain the license?

Correct Answer

A) 14 hours

Florida requires 14 hours of continuing education per biennium for general contractors. This requirement ensures contractors stay current with industry standards, codes, and regulations.

Answer Options
A
14 hours
B
16 hours
C
12 hours
D
10 hours

Why This Is the Correct Answer

Florida Statute 489.113 specifically mandates that general contractors must complete 14 hours of continuing education during each biennium (two-year period) to maintain their license. This requirement is designed to ensure contractors stay updated on building codes, safety regulations, business practices, and industry standards. The 14-hour requirement applies to all general contractors regardless of their specialty or years of experience. Failure to complete these hours will result in license expiration and the inability to legally perform contracting work.

Why the Other Options Are Wrong

Option B: 16 hours

10 hours is insufficient to meet Florida's continuing education requirements for general contractors and would result in license expiration.

Option D: 10 hours

12 hours falls short of the state-mandated requirement and would not satisfy the renewal conditions for a general contractor license.

Memory Technique

Think '14 for GC' - the number 14 rhymes with 'GC' (General Contractor), making it easy to remember the exact hour requirement.

Reference Hint

Florida Statute 489.113 - Continuing Education Requirements for Construction Industry Licensees

Was this explanation helpful?

More Business & Finance Questions

A general contractor purchases equipment worth $45,000 with a useful life of 9 years and no salvage value. Using straight-line depreciation, what is the annual depreciation expense?

What is the typical recommended coverage amount for general liability insurance for a small to medium-sized general contracting business?

A contractor estimates startup costs of $75,000 for equipment, $25,000 for initial inventory, $15,000 for insurance premiums, and $10,000 for working capital. They can finance 70% of the total. How much cash do they need?

When establishing professional relationships with architects and engineers, what is the most important factor for a general contractor to consider?

A partnership agreement for a construction company should address all of the following EXCEPT:

A contractor purchases a truck for $60,000. After 5 years, it has accumulated depreciation of $35,000. What is the truck's book value?

A contractor's business plan projects first-year revenue of $500,000 with a 15% net profit margin. If actual revenue is $450,000 with the same profit margin, what is the variance in net profit?

Using the Modified Accelerated Cost Recovery System (MACRS), construction equipment is typically depreciated over how many years?

A contractor is comparing financing options for equipment purchase. Option A: $80,000 cash purchase. Option B: $20,000 down, $65,000 financed at 6% for 4 years. What is the total cost of Option B?

A contractor purchases equipment using a capital lease with a present value of $120,000. How should this be recorded on the balance sheet?

People Also Study

Related Study Resources

Practice More Contractor Exam Questions

Access all practice questions with progress tracking and adaptive difficulty to pass your Florida General Contractor exam.

Start Practicing

Disclaimer: EstatePass is an independent exam preparation platform and is not affiliated with, endorsed by, or connected to any state contractor licensing board, the Construction Industry Licensing Board (CILB), the Department of Business and Professional Regulation (DBPR), NASCLA, Pearson VUE, PSI, or any government agency. Exam requirements, fees, and regulations change frequently. Always verify current requirements with your state's licensing board before making decisions. Information shown was last verified on the dates indicated and may not reflect the most recent changes.