Virginia Contractor License Bond

To get a Virginia contractor license and bond, choose your class (A for unlimited, B for up to $10M, or C for specialty). Pass both the business and trade exams, then obtain either a $50,000 surety bond OR demonstrate net worth ($45,000 for Class A, $15,000 for Class B). Submit your application to DPOR with 3-5 years experience documentation, financial statements, and fees ($390-$535 total). Processing takes 45-75 days. Class C has no bond requirement. You can purchase your Virginia contractor license bond instantly through our online system while completing licensing requirements.

A Virginia contractor license bond ($50,000 requirement for Class A and B) costs $500-$2,500 annually depending on your credit score. With excellent credit (750+), expect $500-$750 (1%). Good credit (680-749) costs $750-$1,250 (1.5-2.5%). Fair credit (620-679) ranges $1,250-$2,500 (2.5-5%).

Virginia allows contractors to choose between posting a $50,000 surety bond or demonstrating net worth: Class A requires $45,000 net worth, Class B requires $15,000 net worth. This flexibility helps contractors meet DPOR financial requirements through the most cost-effective method.

The Virginia Department of Professional and Occupational Regulation oversees contractor licensing under Virginia Code Title 54.1 Chapter 11. DPOR processes applications, verifies financial qualifications, administers exams, and maintains license compliance for all Class A, B, and C contractors.

Yes, Virginia contractors can work on federal facilities including the Pentagon, CIA, FBI, and military bases. However, these projects require federal bonding (performance and payment bonds), security clearances, and compliance with federal acquisition regulations beyond state licensing.

Yes, Virginia requires bonds from Federal surety carriers authorized to do business in Virginia. These carriers meet federal Department of Treasury standards, ensuring financial stability and the ability to pay valid claims for consumer protection.