Podcast
Questions and Answers
All Class A contractor licensure applications MUST include...
All Class A contractor licensure applications MUST include...
Information on the knowledge, skills, and abilities of the applicant
Which of the following is a requirement for a joint venture?
Which of the following is a requirement for a joint venture?
- Either the joint venture must be licensed
- Each contracting party of the joint venture must be licensed
- Both A and B are correct (correct)
- Neither the joint venture nor its contracting parties must be licensed
All of the following must be licensed EXCEPT...
All of the following must be licensed EXCEPT...
A material supplier who advises a contractor
Payments made by the Transaction Recovery Fund to claimants may include an amount for...
Payments made by the Transaction Recovery Fund to claimants may include an amount for...
A licensee's name change MUST be reported to the Board within a MAXIMUM of how many days?
A licensee's name change MUST be reported to the Board within a MAXIMUM of how many days?
An appeal of a final decision of a county on an erosion control plan MUST be filed within a MAXIMUM of how many days?
An appeal of a final decision of a county on an erosion control plan MUST be filed within a MAXIMUM of how many days?
How much is the Class A initial license fee?
How much is the Class A initial license fee?
When a claimant is paid funds from the Contractors Recovery Trust Fund...
When a claimant is paid funds from the Contractors Recovery Trust Fund...
A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net worth of...
A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net worth of...
A contract for which of the following types of structures may be subject to recovery from the Transaction Recovery Fund?
A contract for which of the following types of structures may be subject to recovery from the Transaction Recovery Fund?
Contractors will be assessed a fee for the Transaction Recovery Fund whenever the fund balance is less than...
Contractors will be assessed a fee for the Transaction Recovery Fund whenever the fund balance is less than...
The application for licensure MUST include...
The application for licensure MUST include...
Additions to buildings MUST comply with...
Additions to buildings MUST comply with...
Who is to be in charge of a local building department?
Who is to be in charge of a local building department?
What is the PRIMARY purpose of licensing?
What is the PRIMARY purpose of licensing?
When MUST the work be stopped following the issuance of a stop work order?
When MUST the work be stopped following the issuance of a stop work order?
What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of license?
What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of license?
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?
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?
According to the Board Rules and Regulations, a full-time employee is one who works a MINIMUM of how many hours per week?
According to the Board Rules and Regulations, a full-time employee is one who works a MINIMUM of how many hours per week?
Temporary erosion and sediment control measures MUST be removed within a MAXIMUM of how many days after the final site stabilization?
Temporary erosion and sediment control measures MUST be removed within a MAXIMUM of how many days after the final site stabilization?
An appeal of the local building official's decision to refuse to grant a modification to the USBC MUST be made to the local building board within a MAXIMUM of how many days?
An appeal of the local building official's decision to refuse to grant a modification to the USBC MUST be made to the local building board within a MAXIMUM of how many days?
According to the Board Rules and Regulations, which of the following could be a qualified individual?
According to the Board Rules and Regulations, which of the following could be a qualified individual?
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?
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?
A verified claim for a 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?
A verified claim for a 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?
Study Notes
Contractor Licensure Requirements
- Class A contractor licensure applications must detail the applicant's knowledge, skills, and abilities.
- Joint ventures require either the joint venture or each party to be licensed.
- Material suppliers advising a contractor are exempt from licensing requirements.
- Class B contractors must maintain a minimum net worth of $15,000.
Financial Aspects
- Class A initial license fee is set at $200.
- Payment from the Transaction Recovery Fund to claimants can include attorney's fees.
- Contractors face fees for the Transaction Recovery Fund when its balance falls below $400,000.
- Fees to support the Transaction Recovery Fund must be paid within 45 days of notice.
Legal Actions and Filings
- A licensee must report name changes to the Board within 30 days.
- Appeals concerning erosion control plans must be filed within 30 days.
- Verified claims for payments from the Transaction Recovery Fund require submission within 12 months of a final judgment.
- Appeals on local building official decisions must be filed with the local building board within 90 days.
Work and Compliance Regulations
- Stop work orders must be complied with immediately.
- Temporary erosion and sediment control measures must be removed within 30 days of final site stabilization.
- Additions to buildings must adhere to current codes for new construction.
Miscellaneous
- The primary purpose of contractor licensing is to protect public health and welfare.
- Maximum penalties for working without the proper license can result in $500 fines per day, along with additional misdemeanor penalties.
- A full-time employee, as defined by Board Rules, works at least 30 hours per week.
- A building official is responsible for issuing certificates of occupancy within a maximum of 5 working days after the request if all requirements are met.
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Description
Test your knowledge on the requirements for Class A and B contractor licensure in Virginia with these flashcards. Each card focuses on different aspects of the licensure process, ensuring you're well-prepared for your application. Perfect for current and aspiring contractors!
