1|Page
VA CONTRACTORS: GENERAL (CLASS A OR B)
EXAM NEWEST 2026 ACTUAL VERIFIED EXAM WITH
COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS (100% VERIFIED ANSWERS) |ALREADY
GRADED A+| ||NEWEST EXAM!!||
The owner requests changes which will cost the contractor
$2,500 in labor and materials and $700 in overhead costs.
With the change, the contractor would be relieved of
$1,000 in labor costs and $280 in overhead costs from the
original contract. The original bid included profit of 10% of
all costs. The contractor wants to make a profit of 10% of
all costs on the changes. The amount of the change order
should included a request of an additional.
A. $1820
B. $2,112
C. $3,200
D. $3,520 - Answer-B. $2,112
A lump sum contract on a project has a total contract price
of $200,000. Retainage has been held back at 10%. The
contractor has received progress payments of 90% of the
project. The contractor submits a request for the final
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payment for the now completed project. The final payment
amount should be for
A. less than 25,000$
b. between 25,000$ & 35,000$
c. between 35,000$ & 40,000$
d. more than 40,000$ - Answer-c. between 35,000$ &
40,000$
A contractor agrees to unit price contract to Product A fir
$50 per unit, product B for $50 per unit, and product C for
$375 per unit. The contractor is also to add 30% for
overhead and profit. How much the contractor should be
paid for producing 27 units of product A, 56 units of
product B and 78 units of product C?
a. less than 40,000$
b. between 40,000$ & 45,000$
c. between 45,000 & 50,000$
d. more than 50,000$ - Answer-b. between 40,000$ &
45,000$
, 3|Page
A job has a price of 165,000 after direct costs and
overhead are factored. What will the final bid be if the
profit markup is 11.5%
a. 186,440
b. 183,975
c. 179,545
d. 189,874 - Answer-a. 186,440
Give the following information, is it advantageous to
purchase or rent this particular piece of equipment if it has
3 useful years?
purchase rent
Initial cost 10,000 0
rental 0 550
salvage value 2,0000 0
insurance 40 0
operating costs 200 0
VA CONTRACTORS: GENERAL (CLASS A OR B)
EXAM NEWEST 2026 ACTUAL VERIFIED EXAM WITH
COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS (100% VERIFIED ANSWERS) |ALREADY
GRADED A+| ||NEWEST EXAM!!||
The owner requests changes which will cost the contractor
$2,500 in labor and materials and $700 in overhead costs.
With the change, the contractor would be relieved of
$1,000 in labor costs and $280 in overhead costs from the
original contract. The original bid included profit of 10% of
all costs. The contractor wants to make a profit of 10% of
all costs on the changes. The amount of the change order
should included a request of an additional.
A. $1820
B. $2,112
C. $3,200
D. $3,520 - Answer-B. $2,112
A lump sum contract on a project has a total contract price
of $200,000. Retainage has been held back at 10%. The
contractor has received progress payments of 90% of the
project. The contractor submits a request for the final
,2|Page
payment for the now completed project. The final payment
amount should be for
A. less than 25,000$
b. between 25,000$ & 35,000$
c. between 35,000$ & 40,000$
d. more than 40,000$ - Answer-c. between 35,000$ &
40,000$
A contractor agrees to unit price contract to Product A fir
$50 per unit, product B for $50 per unit, and product C for
$375 per unit. The contractor is also to add 30% for
overhead and profit. How much the contractor should be
paid for producing 27 units of product A, 56 units of
product B and 78 units of product C?
a. less than 40,000$
b. between 40,000$ & 45,000$
c. between 45,000 & 50,000$
d. more than 50,000$ - Answer-b. between 40,000$ &
45,000$
, 3|Page
A job has a price of 165,000 after direct costs and
overhead are factored. What will the final bid be if the
profit markup is 11.5%
a. 186,440
b. 183,975
c. 179,545
d. 189,874 - Answer-a. 186,440
Give the following information, is it advantageous to
purchase or rent this particular piece of equipment if it has
3 useful years?
purchase rent
Initial cost 10,000 0
rental 0 550
salvage value 2,0000 0
insurance 40 0
operating costs 200 0
