Alabama - Business & Law Examination (formerly General Contractor Examination)

"Licensing Study Brief Key Concepts Alabama Licensing Board for General Contractors (§34-8-1) regulates commercial and industrial contractors through a 5-member board appointed..."

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"Estimating and Bidding Study Brief Key Concepts Bid Document Components: Complete bid packages include invitation to bid, bid instructions, bid forms (bid sheet, schedule, que..."

"Alabama Mechanics' and Materialmen's Liens Study Brief Key Concepts Definition and Purpose: Mechanics' and materialmen's liens "cloud" the title to real property, preventing o..."

"Financial General Key Concepts Estimate Accuracy Requirements A good estimate must fall within 1-2 percent of actual construction costs An estimate equals the sum of project c..."

"Payroll and Taxes Study Brief Key Concepts New Hire Reporting Requirements All employers must report new hires and rehires to Alabama New Hire Reporting Program within 7 days ..."

"Personnel and Labor Study Brief Key Concepts #Interview and Hiring Practices Prohibited Questions Never ask about: Age ("How old are you?") Disabilities, pregnancy, marital st..."

"Project Management Study Brief Key Concepts Bid Document Requirements (§34-8-8) Licensing verification required for projects $50,000+ ($5,000+ for swimming pools) All bid spec..."

"Contracts Study Brief Key Concepts #Required Contract Elements (Four Essential Elements) All contracts must have these four elements to be legally binding: 1. Offer and Accep..."

"Business Organization Study Brief Key Concepts Entrepreneurship Fundamentals Entrepreneur Definition: A person engaged in strategic activities involving initiation and develop..."

"Risk Management Study Brief Key Concepts Risk Management Definition: The systematic assessment and protection against all business risks from operations to administrative func..."

"Safety Recordkeeping and Environmental Study Brief Key Concepts OSHA Standards for Construction: 29 CFR 1926 Safety and Health Regulations for Construction Industry 29 CFR 191..."