What is the initial license fee for a Class A contractor?

Prepare for the Virginia NASCLA Exam. Use flashcards and multiple-choice questions with hints and explanations to master the material. Ensure success with our resources!

The initial license fee for a Class A contractor in Virginia is set at $200. This fee is part of the regulatory framework established to ensure that those who wish to operate as Class A contractors meet the necessary standards and qualifications. Class A contractors are typically those who have the capability to work on larger projects, as they are authorized to bid on contracts exceeding $120,000.

The fees associated with contractor licensing help fund the administration and enforcement of contractor regulations, ensuring quality and accountability in the industry. Understanding these fees is essential for contractors when planning their business operations and budgeting for licensing requirements.

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