Commercial Contract for Contractor - Virginia 2026

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  1. Click ‘Get Form’ to open the Commercial Contract for Contractor - Virginia in the editor.
  2. Begin by filling in the names and addresses of both the Contractor and Owner at the top of the form. Ensure accuracy as this information is crucial for legal purposes.
  3. In the 'SCOPE OF WORK' section, provide a detailed description of the project, including drawings and specifications. This will clarify expectations for both parties.
  4. Specify the 'WORK SITE' address where construction will take place. Include any necessary authorizations for excavation or grading.
  5. Fill in the 'TIME OF COMPLETION' section with start and completion dates. Be mindful of potential delays that may arise.
  6. Complete sections on 'PERMITS', 'CONTRACT PRICE', and 'PROGRESS PAYMENTS' by detailing costs, payment schedules, and any required permits.
  7. Review all sections thoroughly before signing to ensure all details are correct and agreed upon by both parties.

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The average salary for a contractor is $19.73 per hour in Virginia. 16 salaries taken from job postings on Indeed in the past 36 months (updated September 6, 2025).
Best Contract Types for Different Project Owners Government Owners: Lump Sum (Fixed-Price Contract) Private Developers: Cost-Plus with Guaranteed Maximum Price (GMP) Corporate Institutional Owners: Cost-Plus with Incentives. First-Time Owners: Lump Sum or Unit Price.
Virginia has its own rule to assess whether a worker is an employee or an independent contractor. The Virginia rule creates a presumption that the worker is an employee unless the employer can show that the IRS guidelines dictate otherwise.
Any person who undertakes work without (i) any valid Virginia contractors license or certificate when a license or certificate is required by this chapter or (ii) the proper class of license as defined in 54.1-1100 for the work undertaken, shall be fined an amount not to exceed $500 per day for each day that such
A general contractor license is mandatory if your business offers construction-related services in Virginia. However, the type of license youll need depends on the size and type of projects your business will perform.

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