The Alabama General Contractor Business and Law track on passvana has a Resources tab of quick-reference material built from the official exam outline and the state's own laws, with each fact checked against its source. Here is what is in it.
Alabama General Contractor Business and Law Exam
- Tables: Alabama General Contractor Business & Law Exam: Structure, Weights & Scheduling (free); Alabama Licensing: Thresholds, Bid Limits & Renewals; Public Works Bidding & Prompt Pay: Alabama Rules; Payroll Taxes: Federal Deposits, Forms & Alabama Withholding
- Flashcard decks: Alabama Business & Law Exam Quick Facts (free); Alabama Deadlines, Percentages & Dollar Numbers; Estimating & Bidding Formulas and Worked Examples
A few checked facts worth knowing
- Who is a general contractor A person who builds, repairs or demolishes a building, highway, sewer or other improvement for a fee where the cost of the undertaking is $100,000 or more. (Ala. Code 34-8-1(a))
- Sole proprietor guarantee A CPA-prepared personal statement with a notarized guarantee agreement can raise the limit by one classification step. (Ala. Admin. Code r. 230-X-1-.02(3))
- Refusal to sign The awarding authority may award to the second lowest responsible and responsive bidder. "Responsible" means competent, experienced and financially able. (Ala. Code 39-2-6(a))
- Trust fund taxes Withheld income tax and employee FICA. The trust fund recovery penalty is 100% of the unpaid tax, assessed on a responsible person who willfully fails to pay it over. (IRS Pub. 15, Introduction and sec. 11)
What is free to preview
Items marked free above can be opened by anyone. The rest come with the track, along with its full practice-question bank. For the exam format and passing score, see our Alabama General Contractor Business and Law exam cheat sheet.