What is the maximum monetary limit for projects that a Class C contractor can perform in Virginia?
Correct Answer
D) $120,000 per project
Virginia Class C contractors are limited to projects with a total value not exceeding $120,000 per contract.
Why This Is the Correct Answer
Virginia Class C contractors are limited to individual contracts not exceeding $120,000. This is the statutory project-level limit for the lowest general contractor license class in Virginia.
Why the Other Options Are Wrong
Option A: $75,000 per project
$75,000 per project is below the actual Class C limit. This figure does not correspond to any Virginia contractor license class threshold.
Option B: $50,000 per project
$50,000 per project is also below the actual limit and may be confused with thresholds in other states or other regulatory contexts.
Option C: $150,000 per project
$150,000 per project exceeds the Class C limit and would fall under Class B or Class A territory. Class C is the most restricted class.
Memory Technique
Class C = $120,000. Remember: C is the third letter and the lowest class. $120K = 12 × $10,000. 'C for Capped at 120.'
More Virginia Questions
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