Virginia Class A/B Business Exam – Online Practice Questions
Virginia Class A/B Business Exam – Online Practice Questions
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Description
 Get started on your path to becoming a licensed Virginia Contractor by studying for the required computer-based Virginia Business Class A/B examination with simulated online practice questions.Â
- Practice in a timed environment right from your home computer or mobile phone
- Hundreds of practice questions in computer-based format
- Bonus – Also included are strategies for taking contractor’s licensing exam, test-taking techniques, and time management tips.Â
- Covered topics include contracting business, managing administrative duties, managing trade operations, conducting accounting functions, managing human resources, complying with government regulation
- 3 months of online access
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Class A/B License Requirements:
Virginia requires two licenses to become a contractor: Business (Class A or B only) to be taken by the Designated Employee and Technical/Trade to be taken by the Qualified Individual.Â
This Class A/B license covers the business portion and is required by the Designated Employee or member of responsible management.Â
There is an 8-hour Pre-License requirement for all new Virginia Contractors. The same person who takes the Pre-License course must be the same person who takes the Class A/B exams.
Class A – contractors perform or manage construction, removal, repair, or improvements when (i) the total value referred to in a single contract or project is $120,000 or more, or (ii) the total value of all such construction, removal, repair, or improvements undertaken by such person within any twelve-month period is $750,000 or more. The Company must have a $45k minimum net worth. Class A applicants must have a minimum five years experience.Â
Class B – contractors perform or manage construction, removal, repair, or improvements when (i) the total value referred to in a single contract or project is $10,000 or more, but less than $120,000, or (ii) the total value of all such construction, removal, repair, or improvements undertaken by such person within any twelve-month period is $150,000 or more, but less than $750,000 The company must have a minimum net worth of $15,000. Class B applicants must have a minimum three years experience.Â
Exam Information:
Exams are administered by PSI and can be scheduled online or by calling PSI EXAMINATION SERVICES (800) 733-9267
The Class A exam consists of three parts: Virginia portion, General portion, and Virginia Advanced.
The Class B exam consists of just the Virginia and General portions.
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VIRGINIA PORTION, 24 Items
Passing Score: 18
48 Minutes to complete this portion.
- Regulation of Contractors (7 Items)
- Board Rules and Regulations (5 Items)
- Building Codes (5 Items)
- Transaction Recovery Fund (5 Items)
- Virginia Erosion and Sediment Control Regulations (2 Items)
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GENERAL PORTION, 50 Items
Passing Score: 35
100 Minutes to complete this portion.
- Business Organization (2 Items)
- Estimating and Bidding (10 Items)
- Contract Management (10 Items)
- Project Management (7 Items)
- Risk Management (3 Items)
- Safety (5 Items)
- Labor Laws (3 Items)
- Financial Management (5 Items)
- Federal and State Taxes (4 Items)
- Lien Laws (1 Item)
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ADVANCED PORTION, 24 Items
Passing Score: 17
60 Minutes to complete this portion.
- Estimating and Bidding (1 Item)
- Contract Management (4 Items)
- Project Management (1 Item)
- Risk Management (2 Items)
- Safety (2 Items)
- Labor Laws (4 Items)
- Financial Management (5 Items)
- Federal and State Taxes (4 Items)
- Lien Laws (1 Item)
Additional information
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