Virginia Law

A. A firm applying for a Class B license must meet the requirements of this section.

B. The firm must name a designated employee who meets the following requirements:

1. Is at least 18 years of age;

2. Is a full-time employee of the firm or is a member of responsible management;

3. Has passed a board-approved examination as required by § 54.1-1108 of the Code of Virginia or has been exempted from the examination requirement in accordance with § 54.1-1108.1 of the Code of Virginia; and

4. Has followed all rules established by the board or by the testing service acting on behalf of the board with regard to conduct at the examination. Such rules include any written instructions communicated prior to the examination date and any oral or written instructions given at the site on the date of the examination.

C. For every classification or specialty in which the firm seeks to be licensed, the firm must name a qualified individual who meets the following requirements:

1. Is at least 18 years of age;

2. Has a minimum of three years of experience in the classification or specialty for which the individual is the qualifier;

3. Is a full-time employee of the firm or is a member of the responsible management of the firm; and

4. Has met the appropriate prerequisite and board-approved examination, where applicable, for any classification or specialty service specified in 18VAC50-22-61 or has completed a board-approved examination for all other classifications and specialty services that do not require other certification or licensure. For the miscellaneous contracting (MSC) specialty service, the applicant must provide documentation acceptable to the board of the qualified individual's experience in the scope of practice for which the specialty service is being sought. All such applications will be considered by the board in accordance with the provisions of §§ 2.2-4019 and 2.2-402 of the Code of Virginia.

D. Each firm must submit information on its financial position. Excluding any property owned as tenants by the entirety, the firm must verify a net worth or equity of $15,000 or more by submitting a completed financial statement with supporting documentation, a financial statement reviewed by a certified public accountant (CPA), or a CPA audit. In lieu of this requirement, the firm may obtain a $50,000 surety bond on the board's bond form.

E. Each firm must provide information for the four years prior to application on any outstanding, past-due debts and judgments; outstanding tax obligations; defaults on bonds; or pending or past bankruptcies. The firm, its designated employee, and all members of the responsible management of the firm must submit information on any past-due debts and judgments or defaults on bonds directly related to the practice of contracting as defined in Chapter 11 (§ 54.1-1100 et seq.) of Title 54.1 of the Code of Virginia.

F. The firm, the designated employee, and all members of the responsible management of the firm must disclose at the time of application any current or previous substantial identities of interest with any contractor licenses issued in Virginia or in other jurisdictions and any disciplinary actions taken on these licenses. This includes any monetary penalties, fines, suspension, revocation, or surrender of a license in connection with a disciplinary action. The board, in its discretion, may deny licensure to any applicant when any of the parties listed in this subsection have had a substantial identity of interest (as deemed in § 54.1-1110 of the Code of Virginia) with any firm that has had a license suspended, revoked, voluntarily terminated, or surrendered in connection with a disciplinary action in Virginia or any other jurisdiction.

G. In accordance with § 54.1-204 of the Code of Virginia, all applicants must disclose the following information about the firm, designated employee, all members of the responsible management, and the qualified individual for the firm:

1. All non-marijuana misdemeanor convictions within three years of the date of application; and

2. All felony convictions.

H. The designated employee or a member of responsible management must successfully complete a board-approved basic business course.