Arkansas License Test Arkansas Contractor License 1

Question 1

Which agency licenses contractors in Arkansas for projects over $20,000?

Accepted Answer

Arkansas Contractors Licensing Board

Answer

The Arkansas Contractors Licensing Board (ACLB) is the state agency that licenses contractors on projects valued at $20,000 or more.

Question 2

What is the project value threshold that requires a general contractor to be licensed in Arkansas?

Accepted Answer

$20,000

Answer

Arkansas law requires contractors to be licensed for any project with a total cost of $20,000 or more.

Question 3

Which of the following is a required part of the Arkansas contractor license application?

Accepted Answer

Proof of financial responsibility such as a surety bond or financial statement

Answer

Contractor applicants in Arkansas must demonstrate financial responsibility, typically through a surety bond or audited financial statement.

Question 4

How often must Arkansas contractor licenses be renewed?

Accepted Answer

Every year

Answer

Arkansas contractor licenses must be renewed annually to remain in good standing with the Contractors Licensing Board.

Question 5

What examination must an Arkansas general contractor applicant pass to become licensed?

Accepted Answer

A state-specific business law and trade knowledge exam

Answer

Arkansas contractor applicants must pass a written examination covering business and law as well as trade-specific knowledge applicable to their license classification.

Arkansas License Test Practice Test

Arkansas License Test Practice Test

Arkansas License Test Arkansas Contractor License 1