Business & LicensingQuestion 1420 of 1605

Two licensed contractors want to jointly bid and perform one large project. What does the license law require of them?

a.Merge into one corporation
b.Obtain a joint venture license reflecting both licensees
c.Drop their individual licenses
d.Nothing special

Explanation

Under B&P Code section 7029, contractors who wish to jointly bid or contract must obtain a joint venture license. The joint venture license depends on each member maintaining their own valid license.

Law Reference: B&P Code §7029

Practice all 1605 questions free — no signup required.

Related questions on this topic

Last reviewed: · editorial process

Sen Lin, PrepPass Founder · Verified against California CSLB Contractor License Law & Business Exam · How we review
Reviewed by Abraham Chen Licensed California General Contractor (CSLB License #1101856 verify)
Report