Virginia Contractor Supplement Exam

Under Virginia law (Title 54.1), what is the minimum net worth requirement for a Class A contractor license?

A Virginia contractor fails to pay a subcontractor $18,500 for completed work. Under Virginia mechanics lien law, within how many days must the subcontractor file a memorandum of lien to preserve their lien rights?

A Virginia contractor employs 8 workers with a total annual payroll of $420,000. Using the standard construction rate of $8.50 per $100 of payroll, what is the annual workers' compensation premium?

A Virginia contractor fails to pay subcontractors on a $180,000 project. Under Virginia mechanics lien law, what is the maximum time period a subcontractor has to file a mechanics lien after last furnishing labor or materials?

Under Virginia contractor law, what happens to a contractor's license if they fail to maintain required insurance coverage?

A contractor fails to pay a subcontractor and the subcontractor files a mechanics lien. Under Virginia law, within how many days must the general contractor post a bond to release the lien from the property?

A Class B contractor in Virginia completed $850,000 worth of work in the current license period and has contracts totaling $1,200,000 for the next period. What action must the contractor take?

A homeowner hired an unlicensed contractor for a $45,000 kitchen renovation. Under Virginia law, what remedy is available to the homeowner?

Calculate the required bond amount for a Virginia Class A contractor with average annual gross receipts of $2,800,000 over the past three years.

A Class C contractor in Virginia wants to install a residential HVAC system valued at $12,000. The contractor's specialty classification is electrical work. What must the contractor do to legally perform this work?

A Virginia contractor discovers an underground storage tank during excavation. The tank appears to be leaking petroleum products. What is the required notification timeframe to Virginia DEQ?

A Class C contractor in Virginia wants to install a $45,000 HVAC system. According to Virginia licensing requirements, what is required?

A Virginia contractor discovers contaminated soil during excavation for a foundation. According to Virginia environmental regulations, what is the contractor's primary obligation?

Under Virginia workers' compensation law, which type of business entity provides automatic coverage for business owners?

Calculate the mechanics lien priority amount for a subcontractor who filed their lien 45 days after completion when the general contractor filed bankruptcy 60 days after completion on a project where $150,000 remains unpaid to the general contractor.

Under the Virginia Uniform Statewide Building Code (USBC), which entity has the authority to issue building permits for commercial construction in incorporated areas?

Under Virginia workers compensation law, what is the minimum weekly benefit for temporary total disability in 2024?

A Class B contractor in Virginia wants to bid on a $750,000 project. What action must they take?

A subcontractor completes electrical work worth $25,000 on a Virginia project but is not paid. The general contractor was paid by the owner. What is the subcontractor's lien priority against the property?

A Virginia contractor's insurance policy has a $2 million aggregate limit and $1 million per occurrence limit. They have three separate claims: $600,000, $800,000, and $900,000. What amount will the contractor pay out of pocket?

A Virginia contractor has 12 employees working on a project. One employee earns $65,000 annually, and workers' comp rate is $12.50 per $100 of payroll. What is this employee's annual workers' comp cost?

Under Virginia contractor law (Title 54.1), what is the minimum net worth requirement for a Class A contractor license?

According to the Virginia Uniform Statewide Building Code (USBC), which entity has the authority to adopt local amendments to the building code?

Which Virginia environmental regulation requires contractors to obtain permits before disturbing more than 2,500 square feet of land?

A contractor discovers contaminated soil during excavation. Under Virginia environmental law, what is the first required action?

A project requires disturbing 1.5 acres of land in Virginia. What environmental compliance is required?

A Virginia contractor completes a $125,000 commercial project. The owner disputes $18,000 in charges. What is the maximum mechanics lien amount the contractor can file under Virginia law?

Under the Virginia USBC, what happens when local amendments conflict with state building code requirements?

In Virginia, a mechanics lien must include which specific information to be valid?

Calculate the Virginia workers compensation premium for a framing contractor with $350,000 in annual payroll and a rate of $8.75 per $100 of payroll: