Virginia Class A/B Business Exam - Online Practice Questions

Virginia Class A/B Business Exam - Online Practice Questions

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 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. 

  • 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. 
  • 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

 

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. 

This Class A/B license covers the business portion and is required by the Designated Employee or member of responsible management. 

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. 

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. 


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.

 

VIRGINIA PORTION, 24 Items

Passing Score: 18

48 Minutes to complete this portion.

  1. Regulation of Contractors (7 Items)
  2. Board Rules and Regulations (5 Items)
  3. Building Codes (5 Items)
  4. Transaction Recovery Fund (5 Items)
  5. Virginia Erosion and Sediment Control Regulations (2 Items)

 

GENERAL PORTION, 50 Items

Passing Score: 35

100 Minutes to complete this portion.

  1. Business Organization (2 Items)
  2. Estimating and Bidding (10 Items)
  3. Contract Management (10 Items)
  4. Project Management (7 Items)
  5. Risk Management (3 Items)
  6. Safety (5 Items)
  7. Labor Laws (3 Items)
  8. Financial Management (5 Items)
  9. Federal and State Taxes (4 Items)
  10. Lien Laws (1 Item)

  

ADVANCED PORTION, 24 Items

Passing Score: 17

60 Minutes to complete this portion.

  1. Estimating and Bidding (1 Item)
  2. Contract Management (4 Items)
  3. Project Management (1 Item)
  4. Risk Management (2 Items)
  5. Safety (2 Items)
  6. Labor Laws (4 Items)
  7. Financial Management (5 Items)
  8. Federal and State Taxes (4 Items)
  9. Lien Laws (1 Item)