There are licenses for building contractors, highway/heavy contractors, special contractors, electrical contractors, plumbing contractors, and HVAC (climate control) contractors. Class A, Class B and Class C licensure is available for each. Applicants for Class A licensure must pass 3 sections of an examination whereas Class B applicants need only pass 2 sections. Applicants for Class A licensure are required to provide a financial statement showing a net worth or equity of at least $45,000, provide evidence of at least 5 years experience in their field, and show proof that for the past five years they have handled their financial responsibilities in a manner which suggests they are likely to meet the financial responsibilities of a contractor. Applicants for Class B licensure are required to provide a financial statement showing a net worth or equity of at least $15,000, provide evidence of at least 3 years experience in their field, and show proof that for the past 3 years they have handled their financial responsibilities in a manner which suggests they are likely to meet the financial responsibilities of a contractor. Licensure is renewable biennially. Applicants for Class C licensure are required to provide a financial statement for the prior five years, provide evidence of at least two years experience in their field, and show proof that for the past five years they have handled their financial responsibilities in a manner which suggests they are likely to meet the financial responsibilities of a contractor. Licensure is renewable biennially. Requirements for a Class C certificate. A. Every firm applying for a Class C certificate must meet the requirements of this section. B. For every classification or specialty in which the firm seeks to be certified, the firm shall name a qualified individual who meets the following requirements: 1. Is at least 18 years old; 2. Has a minimum of two years experience in the classification or specialty for which he is the qualifier; 3. Is a full-time employee of the firm as defined in these regulations or is a member of the responsible management of the firm; and 4. Where appropriate, has passed the trade-related examination approved by the board and required for the specialties listed below: a. blast/explosive contracting, b. radon mitigation, and c. water well drilling. C. Each firm shall provide information for the past five years prior to application on any outstanding, past-due debts and judgments, outstanding tax obligations or defaults on bonds. The firm, its qualified individual or individuals and all members of the responsible management of the firm shall submit information on any past-due debts and judgments or defaults on bonds directly related to the practice of contracting as defined in the Code of Virginia. D. The firm, the qualified individual and all members of the responsible management of the firm shall disclose at the time of application any current or previous contractor licenses held in Virginia or in other jurisdictions and any disciplinary actions taken on these licenses, including but not limited to any monetary penalties, fines, suspension, revocation or surrender of a license in connection with a disciplinary action in Virginia or any other jurisdiction within the five years immediately prior to applying for a Virginia contractor certificate. E. In accordance with the Code of Virginia, each applicant shall disclose the following information about the firm, any member of the responsible management and the qualified individual or individuals for the firm: 1. a conviction in any jurisdiction of any felony, 2. a conviction in any jurisdiction of any misdemeanorwithin the three years immediately prior to application. Any plea of nolo contendere shall be considered a conviction for purposes of this paragraph. The record of a conviction received from a court shall be accepted as prima facie evidence of a conviction or finding of guilt. The board, in its discretion, may deny certification to any applicant in accordance with the Code of Virginia. Requirements for a Class B license. A. Every firm applying for a Class B license must meet the requirements of this section. B. Every firm shall name a designated employee who meets the following requirements: 1. Is at least 18 years old; 2. Is a full time employee of the firm as defined in these regulations, or is a member of responsible management as defined in these regulations; 3. Has passed the General Section and the Virginia Section of the licensing examination as required by the Code of Virginia. An applicant who has passed in another jurisdiction a licensing exam found by the board to be substantially equivalent to the General Section of the Virginia exam,