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Calculate the bond amount required for a Class A contractor whose largest single project in the past five years was $3.2 million.

Correct Answer

D) $100,000

All Class A contractors require a $100,000 bond regardless of project size, as specified in B&P Code Section 7071.6.

Answer Options
A
$200,000
B
$300,000
C
$400,000
D
$100,000

Why This Is the Correct Answer

All Class A contractors require a $100,000 bond regardless of project size, as specified in B&P Code Section 7071.6.

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