According to Florida Statute 489.113, what is the maximum monetary limit for work that can be performed by a Registered Building Contractor?
Correct Answer
C) $1,000,000
Florida Statute 489.113 establishes that Registered Building Contractors may perform work up to $1,000,000 per project, while Certified contractors have no monetary limitations.
Why This Is the Correct Answer
Florida Statute 489.113 specifically establishes that Registered Building Contractors are limited to performing work valued at $1,000,000 or less per project. This monetary limitation is a key distinction between Registered and Certified contractors in Florida. The $1,000,000 limit applies to the total contract value for any single project, not an annual or cumulative limit. This statutory limit ensures that larger, more complex projects are handled by Certified contractors who have met higher qualification standards.
Why the Other Options Are Wrong
Option A: $200,000
$100,000 is too low and does not reflect the actual statutory limit established in Florida Statute 489.113 for Registered Building Contractors.
Option B: $100,000
$200,000 is significantly below the actual monetary limit set by Florida Statute 489.113 for Registered Building Contractors.
Memory Technique
Think 'Registered = Restricted to 1 Million' and 'Certified = Ceiling-free (no limit)' - both start with the same letter to help remember the pairing.
Reference Hint
Florida Building Code, Chapter 1, Section 105 - Permits, or Florida Statutes Chapter 489 - Contracting
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