The North Carolina 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.
North Carolina General Contractor Business and Law Exam
- Tables: North Carolina General Contractor Business and Law Exam: Structure, Weights & Scheduling (free); North Carolina Licensing: Thresholds, License Limits, Financial Tests & Qualifiers; North Carolina Liens and Bonds: Deadlines, Lien Agent & Public Bond Thresholds; North Carolina Subcontractor Pay Rules: Private and Public Projects
- Flashcard decks: North Carolina Business and Law Exam Quick Facts (free); North Carolina One Call and Erosion Control Numbers; North Carolina Licensing: Renewal, Continuing Education, Discipline & Recovery Fund
A few checked facts worth knowing
- When a license is needed Bidding on or building a building or structure for a price, commission, fee or wage where the cost of the undertaking is $40,000 or more. (G.S. 87-1(a))
- When the qualifier leaves Notify the Board in writing within 10 days. The license stays in effect 90 days, but the licensee may not bid on or take new contracts. (21 NCAC 12A .0205(c); G.S. 87-10(c1))
- Lien agent duties and notices Owner gives lien agent information within 7 days of a written request. A contractor gives lower-tier subcontractors written notice within 3 business days of contracting. The permit or a sign stays posted until all construction is complete. (G.S. 44A-11.2(b), (c), (d), (e))
- Private: pay-if-paid A clause making the contractor's duty depend on the owner paying is unenforceable. (G.S. 22C-2)
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 North Carolina General Contractor Business and Law exam cheat sheet.