EVALUATION 2026 EXAM SCRIPT FULLY
SOLVED QUESTION SET
◉a contractor transaction recovery fund should be paid if due to.
Answer: The licensee's improper or dishonest conduct
◉A contract for which of the following types of structures may be
subject to recovery from the Transaction Recovery Fund?. Answer:
Residential only.
◉Who is designated to be in charge of a local building department?.
Answer: Building official
◉Contractors who are assessed a fee to support the Transaction
Recovery Fund MUST pay this fee within a MINIMUM of how many
days from when the assessment fee notice was mailed?. Answer: 45
Days
◉How much is the Class A initial license fee?. Answer: $385
◉When must the work be stopped following the issuance of a stop
work order?. Answer: Immediately
,◉What is the primary purpose of licensing?. Answer: Protect the
health and welfare of the general public.
◉what is the maximum penalty for a contractor undertaking work
without the proper class license?. Answer: $500 fine per day for
each day of violation plus penalties for a misdemeanor
◉Contractors will be assessed a fee for the Transaction Recovery
Fund whenever the fund balance is less than. Answer: $400,000
◉Additions to building must comply normally with. Answer: The
current code for a new construction
◉A building official MUST issue a certificate of occupancy for a
building that meets all the requirements for a certificate within a
MAXIMUM of how many working days after the certificate was
requested?. Answer: 5
◉According to the Board Rules and Regulations, which of the
following could be a qualified individual?. Answer: A full-time
employee, 18 years old, who passed examinations and experienced
◉The application for licensure MUST include. Answer: the business
address of the proposed designated employee.
,◉A licensee's name change MUST be reported to the Board within a
MAXIMUM of how many days?. Answer: 30 days
◉All of the following employees must be licensed EXCEPT. Answer: a
material supplier who advises a contractor
◉a firm desiring to be licensed as a Class B contractor MUST have a
MINIMUM net worth of. Answer: $15,000
◉How many licensed contractors are on the State Board for
Contractors?. Answer: 6 (out of 16 total)
◉An appeal of a final decision of a county on an erosion control plan
MUST be filed within a MAXIMUM of how many days?. Answer: 30
days
◉Payments made by the Transaction Recovery Fund to claimants
may include an amount to. Answer: Attorneys' fees (and court costs)
◉A verified claim for payment from the Transaction Recovery Fund
MUST occur within a MAXIMUM of what period of time from the
date the claimant was awarded a final judgement?. Answer: 12
months
, ◉According to the Board Rules and Regulations, a full-time
employee is one who works a MINIMUM of how many hours per
week?. Answer: 30 hours
◉All Class A contractor licensure applications MUST include.
Answer: Information on the knowledge, skills, and abilities of the
applicant
◉Which of the following is a requirement for a joint venture?.
Answer: Either the joint venture or each contracting party of the
joint venture must be licensed
◉A firm who is attempting to obtain a Class A license shall provide
information to the Board for the ( ) years prior to application on any
outstanding, past due debts and judgments.. Answer: 5
◉To obtain a Class B license the qualified individual shall have at
least (. ) years experience. Answer: 3
◉In the event the designated employee leaves the full time employ
of a Class A licensed contractor, the contractor shall within (. ) days
of that departure provide to the Board the name of the designated
employee. Answer: 120