A Tier III contractor wants to bid on a project worth $750,000. What must they do to legally perform this work?
Correct Answer
B) Upgrade to Tier IV license
Tier III contractors are limited to $500,000 contracts, so they must upgrade to Tier IV to handle a $750,000 project.
Why This Is the Correct Answer
Tier III contractors are limited to $500,000 contracts, so they must upgrade to Tier IV to handle a $750,000 project.
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