A contractor is not required to register with FIR as a public works contractor if the contract is for repairs only and does not exceed which amount?

A contractor is not required to register with FIR as a public works contractor if the contract is for repairs only and does not exceed which amount?

• A. $20,000
• B. $25,000
• C. $30,000
• D. $35,000

Answer: (B)

Not required to register for small repair work because there’s a monetary exemption. Public works contractor registration is generally needed for larger public projects, but small repair contracts are exempt if the total value stays at or below a set amount. That threshold is twenty-five thousand dollars. So, when the job is purely repairs and the contract value doesn’t exceed twenty-five thousand, registration isn’t required. If the repair work would go above that amount, registration would be required before bidding or starting work.

Not required to register for small repair work because there’s a monetary exemption. Public works contractor registration is generally needed for larger public projects, but small repair contracts are exempt if the total value stays at or below a set amount. That threshold is twenty-five thousand dollars. So, when the job is purely repairs and the contract value doesn’t exceed twenty-five thousand, registration isn’t required. If the repair work would go above that amount, registration would be required before bidding or starting work.