Virginia PSI Business and Law Class A/B Online Prep Course

Virginia Class A/B Business Online Prep Course

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Get one step closer to becoming a Virginia contractor with a prep course designed by 1ExamPrep to help you conquer the required Virginia Class A/B Business examination.

Use the online course structure to tailor your prep to your individual learning style. You’ll have a full year of access to the online course.

  • Test-taking techniques and tips
  • Highlighting and tabbing locations for the books, so you can quickly and easily reference your materials during the exam (tabs and books sold separately)
  • Printable practice questions in pdf format for the Virginia portion, general portion, and advanced portion of the exam
  • Timed simulated practice exams in computer-based format
  • 1 year 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 Advanced portion.

 

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)