What is the maximum project value for an Unlimited General Contractor in North Carolina?
Correct Answer
B) No limit
Unlimited General Contractors in NC have no monetary restrictions on project values they can undertake.
Why This Is the Correct Answer
By definition, an Unlimited General Contractor license in North Carolina places no upper limit on the dollar value of projects the licensee may undertake. This is the highest tier of the NC General Contractor license classification system, granting the licensee authority to bid and perform construction contracts of any value anywhere in the state.
Why the Other Options Are Wrong
Option A: $2,000,000
$2,000,000 is not a defined project value cap for any NC contractor license tier. It is a plausible-sounding large number but does not correspond to any actual NC licensing threshold. This distractor tests whether candidates confuse a specific dollar limit with the 'no limit' concept.
Option C: $1,000,000
$1,000,000 is associated with the Intermediate General Contractor license tier in NC (projects up to $1,000,000 or $1,500,000 depending on the specific classification period). Selecting this option confuses Intermediate with Unlimited.
Option D: $500,000
$500,000 is the project value ceiling for a Limited General Contractor in NC, not the Unlimited tier. This is the most likely option for candidates who know NC has tiered limits but are unsure which limit belongs to which tier.
Memory Technique
Unlimited = no limit. The word itself is the answer. When you see 'Unlimited General Contractor' on an NC exam question asking for a project value cap, the answer is always 'no limit.' Think: 'Unlimited license → unlimited project value → no ceiling.'
More North Carolina Questions
A residential contractor in NC wants to bid on a $125,000 project but currently holds an Intermediate license. What action must be taken?
A contractor discovers contaminated soil during excavation on a commercial project in Charlotte. Under NC environmental regulations, what is the first required action?
A North Carolina contractor completes a $45,000 residential addition project. The homeowner refuses to pay the final $8,000. What is the filing deadline for a mechanic's lien under NC lien law?
A residential contractor in Charlotte is building a deck addition. Which inspection is typically required first under NC building codes?
A contractor performs work on a residential property in North Carolina but is not paid. The work was completed on March 15th, and the last material was delivered on March 20th. What is the deadline to file a claim of lien?
A subcontractor performing electrical work discovers that the general contractor's license has been suspended. What action should the subcontractor take according to NC General Statutes?
A contractor in North Carolina discovers contaminated soil during excavation. The soil contains petroleum products above reportable levels. Which agency must be notified immediately?
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Calculate the total workers' compensation cost for a NC contractor with a base premium of $25,000, an experience mod of 1.15, and a 5% administrative fee:
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A subcontractor completes work on a North Carolina project on June 1st but is not paid by the general contractor. The project owner makes final payment to the general contractor on June 30th. When must the subcontractor serve a claim of lien to preserve lien rights?