Virginia Contractor License Bond

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.

Chapter 11 governs contractor licensing, establishing the $50,000 bond or net worth alternative, setting experience requirements, and defining Class A, B, and C classifications. View the full statute at law.lis.virginia.gov/vacode/title54.1/chapter11/.

DC Metro construction involves higher security requirements, federal contracting opportunities, and often requires security clearances. Projects may involve classified facilities, government buildings, and transportation infrastructure with unique compliance and bonding requirements.

Virginia offers three classes: Class A (unlimited projects, $50,000 bond or $45,000 net worth), Class B (up to $10 million, $50,000 bond or $15,000 net worth), and Class C (specialty trades, no bond required). Each has specific experience and exam requirements.

Yes, Virginia requires bonds from Treasury-certified 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.

Virginia participates in NASCLA (www.nascla.org), providing reciprocal licensing benefits in other member states. However, Virginia's unique bond/net worth alternative and federal contracting focus create specific considerations for multi-state operations.