General Contractor Exam: Difference between revisions
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*Insurance - $1M - $300-1000/year - [https://www.lakenan.com/blog/how-much-is-a-one-million-dollar-general-liability-insurance-policy.aspx#:~:text=For%20a%20basic%20%241%20million,size%20of%20your%20business%20matters.]. Construction is $825 - [https://www.insureon.com/small-business-insurance/general-liability/cost] | *Insurance - $1M - $300-1000/year - [https://www.lakenan.com/blog/how-much-is-a-one-million-dollar-general-liability-insurance-policy.aspx#:~:text=For%20a%20basic%20%241%20million,size%20of%20your%20business%20matters.]. Construction is $825 - [https://www.insureon.com/small-business-insurance/general-liability/cost] | ||
*Workers Comp Insurance - about 1%, or $1500 if $15k labor? | *Workers Comp Insurance - about 1%, or $1500 if $15k labor? | ||
*Business license - | *Business license - email shown at [https://bizcare.kcmo.gov/BusinessRegistration#step2] | ||
*Permit - Building - about $500 [https://library.municode.com/mo/kansas_city/codes/code_of_ordinances?nodeId=PTIICOOR_CH18BURECO_ARTIINGE_S18-20FE] | *Permit - Building - about $500 [https://library.municode.com/mo/kansas_city/codes/code_of_ordinances?nodeId=PTIICOOR_CH18BURECO_ARTIINGE_S18-20FE] | ||
*Inspections - [https://www.kcmo.gov/city-hall/departments/city-planning-development/inspections-division]. Cost not shown. | *Inspections - [https://www.kcmo.gov/city-hall/departments/city-planning-development/inspections-division]. Cost not shown. | ||
Revision as of 13:10, 8 October 2021
About
A 4 hour test in which you are allowed to use a reference book (such as the IRC) - and look up information effectively. Sample exam - [1]
Sample Questions
- ICC Class C - single residential. Class B - multi family. Class A - all construction - commercial. Class A is just IRC.
- https://www.icc-exam.com/sample_questions/SA-13.html
- % content on exam - [2]
- Sample online - [3]. Not sure if relevant to G13
Video
https://www.youtube.com/watch?v=l4W1vPEDmI4
Costs of Becoming a General Contractor and Operations
- Application - $55
- Contractor license - $170 every 4 years
- Insurance - $1M - $300-1000/year - [4]. Construction is $825 - [5]
- Workers Comp Insurance - about 1%, or $1500 if $15k labor?
- Business license - email shown at [6]
- Permit - Building - about $500 [7]
- Inspections - [8]. Cost not shown.
- Registration - MO SoS
Summary
- About $1k/year to operate + labor x1%. Not to mention permits.