VA Class B DE Practice Questions - Virginia Class B Contractor Business Examination Exam

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Under Code of Virginia § 54.1-1100, a Class B contractor may perform or manage a single contract or project when the total value is which of the following?

Over USD 1,000 but less than USD 30,000 USD 30,000 or more but less than USD 150,000 USD 150,000 or more with no upper single-project limit Any amount under USD 250,000 regardless of the single-project value

Correct Answer:

USD 30,000 or more but less than USD 150,000

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