A501-27LIC-v14 Board for Contractors/LIC APP
02/24/2022 Page 5 of 6
During the past five years, has any member of Responsible Management had any outstanding/past-due debts
(including child support arrearage); judgments; liens; past due 'unpaid' claims or suits; outstanding tax obligations;
defaults on bonds; or pending/past bankruptcies?
16.
No
Yes If yes, complete the Adverse Financial History Reporting Form.
17. Do all members of Responsible Management understand that all Class A, Class B and Class C Contractors must
comply with the local licensing requirements of all counties, cities and towns in which work is performed?
No
Yes
IF NO, THIS APPLICATION CANNOT BE PROCESSED.
18. Class A & Class B applicants only:
No
Yes
If yes, the firm is required to submit a complete (a) Financial Statement Form, (b) CPA review/audit, OR
(c) Surety Bond Form with this application.
Does this business/firm meet the minimum net worth/equity requirements? (At least $15,000 for Class B applicants or
$45,000 for Class A)
If no, the firm may qualify for a Class C license.
By signing this application, you acknowledge that if you are not a Virginia resident, or move outside of Virginia while you hold
a Virginia Contractors License, you understand that this application serves as a written power of attorney, whereby you
appoint the Director of the Department of Professional and Occupational Regulation, and his/her successors in office, to be
your true and lawful agency and attorney-in-fact, in your stead, upon whom all legal process against and notice to you may be
served and who is hereby authorized to enter an appearance on your behalf in any case or proceedings arising out of the
trade or profession practiced; and that by submitting this application, you hereby agree that any lawful process against you
which is duly served on said agent and attorney-in-fact shall be of the same legal force and validity as if served upon you.
19. By signing this application, I certify the following statements:
I am aware that submitting false information or omitting pertinent or material information in connection with this
application will delay processing and may lead to license revocation or denial of license.
I will notify the Board of any changes to the information provided in this application prior to receiving the
requested license, certification, or registration including, but not limited to any disciplinary action or conviction of
a felony or misdemeanor (in any jurisdiction).
I authorize the Department to verify information concerning me or any statement in this application from any
person, or any source the department may desire. I also agree to present any credentials or documents
required or requested by the Department.
I authorize any federal, state or local government agency, current or former employer, or other individual or
business to release information which may be required for a background investigation.
I have read, understand and complied with all the laws of Virginia related to this profession under the provisions
of Title 54.1, Chapter 11, of the Code of Virginia and the Virginia Board for Contractors Regulations.
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Signature(s) of all members of Responsible Management (required):
(sole proprietor, partners of a general partnership, managing partner of a limited partnership, officers/directors of an association,
managers/members of a limited liability company, or officers of a corporation)
I certify that I am a member of responsible management as defined in 18VAC50-22-10 of the Board for
Contractors regulations and am authorized to bind the applicant to contracts and other legal obligations.
1.
Print Name Title
Signature Date
2.
Print Name Title
Signature Date