Virginia Contractor License Bond

$50,000 Bond or Net Worth Alternative

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.

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Virginia License Classes & Options

Class A - General Contractor - Unlimited

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

Class B - General Contractor - Limited

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

Class C - Specialty Contractor

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

Federal government facilities (Pentagon, CIA, FBI)

Military installations (Norfolk Naval Base, Quantico)

State government buildings and infrastructure

Transportation projects (VDOT, Metro expansion)

Educational facilities (University of Virginia, VTech)

Healthcare facilities (VA hospitals, medical centers)

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

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