Virginia Contractor License Bond
Virginia offers flexible compliance options with either surety bonds or net worth demonstrations. Extensive government contracting opportunities in the Commonwealth create unique bonding considerations for federal and state projects.
Class A: $45,000 net worth | Class B: $15,000 net worth
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Virginia License Classes & Options
Financial Requirements (Choose One)
Option 1: Surety Bond
$50,000 surety bond
Option 2: Net Worth
$45,000 net worth demonstration
Project Authorization
All construction projects without monetary limit
Requirements
Comprehensive experience and examination
Financial Requirements (Choose One)
Option 1: Surety Bond
$50,000 surety bond
Option 2: Net Worth
$15,000 net worth demonstration
Project Authorization
Projects up to $10 million per contract
Requirements
Specific experience and examination requirements
Financial Requirements (Choose One)
Option 1: Surety Bond
No bond required
Option 2: Net Worth
Minimal financial requirements
Project Authorization
Specific trade work within specialty
Requirements
Trade-specific licensing and experience
Government Contracting Opportunities
Federal & State Projects
Additional Bonding Considerations
Federal Projects
Performance and payment bonds typically required in addition to license bonds
Security Clearances
Many federal projects require security clearances and enhanced background checks
Virginia's Strategic Regional Markets
Hampton Roads & Tidewater
Virginia Beach, Norfolk, Chesapeake: Naval base construction (world's largest naval installation), port infrastructure, coastal resort development, military housing. Hampton Roads shipbuilding industry.
Newport News, Hampton, Portsmouth, Suffolk: Newport News Shipbuilding, maritime industry, waterfront development, military contracting opportunities.
Hampton Roads requires contractors familiar with military specifications and coastal building codes.
DC Metro, Central & Regional
Northern Virginia (Alexandria, Arlington, Fairfax): Federal contracting hub, data center construction, affluent residential market, Pentagon proximity drives defense industry work.
Richmond: State capital government construction, Virginia Commonwealth University, financial services headquarters, historic district renovation.
Roanoke & Western Virginia: Blue Ridge Mountain region, manufacturing facilities, university construction, Appalachian Trail tourism infrastructure.
Virginia's DPOR Class A, B, C system determines bond amounts ($50K-$125K) - larger projects require higher classifications.
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Bond or net worth alternative - we help you choose
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Serving Construction Professionals Throughout Virginia
Virginia contractors serve markets from NoVA federal contracting to Hampton Roads shipbuilding, with specialized bonding across the Commonwealth
Frequently Asked Questions
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 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.
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.
Virginia contractor bonds are backed by Federal surety carriers. Learn more about national contractor licensing standards at NASCLA.org.