Virginia Contractor Licensing: Class A, B,
C Differences & Regulations Exam
Questions and Answers 100% PASS
Class A contractor license—ANSWER--Can take on projects of unlimited value.
Class B contractor license—ANSWER--Limited to $120,000 per project and $750,000
annually.
Class C contractor license—ANSWER--Capped at $10,000 per project.
Minimum net worth requirement for Class A license—ANSWER--$45,000.
Role of the Responsible Management in a Class A license—ANSWER--They oversee the
business and ensure compliance with licensing laws and regulations.
Purpose of the Virginia Board for Contractors—ANSWER--To regulate contractor
licensing, enforce standards, and protect public safety.
C Differences & Regulations Exam
Questions and Answers 100% PASS
Class A contractor license—ANSWER--Can take on projects of unlimited value.
Class B contractor license—ANSWER--Limited to $120,000 per project and $750,000
annually.
Class C contractor license—ANSWER--Capped at $10,000 per project.
Minimum net worth requirement for Class A license—ANSWER--$45,000.
Role of the Responsible Management in a Class A license—ANSWER--They oversee the
business and ensure compliance with licensing laws and regulations.
Purpose of the Virginia Board for Contractors—ANSWER--To regulate contractor
licensing, enforce standards, and protect public safety.
