01
Licensing Requirements
The $2,500 licensing threshold, no exam-attempt limit under current law (HB 635), the 180-day qualifying-agent replacement rule (SB 503), the $1,000 unlicensed-contracting minimum fine, and renewals.
Contractor exam study guide
AvailableGeorgia Business & Law Study Guide
Georgia contractor business and law, organized for the open-book exam.
A 94-page independent study aid for the Georgia Business and Law Examination, administered by PSI for the Georgia Board of Residential and General Contractors. It follows the official 9-area content outline across all 50 questions, with 150 practice questions and cited explanations. Content was verified against Georgia primary sources in September 2026: the Official Code of Georgia Annotated, the Secretary of State licensing rules, and the PSI Candidate Information Bulletin (revised 4/28/2025). Because the exam is open book with the NASCLA Contractors Guide (Georgia Edition, 3rd Edition) as the only allowed reference, the guide includes a tabbing map and an open-book strategy built around finding answers fast under time pressure.
What is inside
Organized the way the exam tests it.
02
Estimating and Bidding
Bid procedures, public-works bond thresholds, and the prompt-pay clocks that keep cash flowing on Georgia jobs.
03
Business Organization and Financial Management
Business structures and liability, registered agents, January-through-April annual registration, and the financial-responsibility tiers: the $25,000 alternatives, $150,000 net worth, and $300,000 versus $500,000 GL.
04
Tax Laws
The 4% sales and use tax, the contractor-as-consumer rule, the 5.19% income tax rate for 2025, and the $9,500 unemployment insurance wage base.
05
Labor Laws
Workers' comp for 3 or more employees, the $1,500 quarterly and 20-week UI liability triggers, and the 25/50/25 auto liability minimums.
06
Project Management and Lien Law
Lien recording and enforcement deadlines, the affidavit of nonpayment, discharge bonds at twice the claim, and the 8-year statute of repose.
07
Contracts
The 10% retainage cap that stops at 50% completion, prompt-pay interest at 1% per month, and enforceable pay-if-paid clauses.
08
Risk Management
Insurance types and minimum coverage amounts, bonds versus insurance, and how contracts allocate risk.
09
Environmental and Safety
OSHA injury reporting windows, the 48-hour utility-locating notice, and stormwater permit deadlines.
Fit check
Built for exam day, honest about limits.
A strong fit for
- Applicants preparing for the Georgia Business and Law Examination
- Contractors adding a Georgia classification who need the business law portion
- Out-of-state contractors learning Georgia-specific requirements
- Anyone who wants cited explanations, not just answer keys
Deliberately not included
- It is not affiliated with, endorsed by, or produced by the Georgia Board of Residential and General Contractors, PSI, or NASCLA
- It does not include trade exam content for any classification
- It does not replace the official statutes, Board rules, PSI publications, or legal advice
- It does not guarantee a passing score
Delivery
Three steps to your PDF.
- 01
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- 03
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Download the full study guide PDF. The link is single-use and expires shortly after it is issued.
Before purchase
Clear answers, up front.
Is this affiliated with the Georgia licensing board or PSI?
No. This is an independent study aid. It is not affiliated with, endorsed by, or produced by the Georgia Board of Residential and General Contractors, PSI, or NASCLA. Always verify current requirements against the PSI Candidate Information Bulletin and official sources before your exam.
Is the exam open book?
Yes. The Georgia Business and Law exam is open book: the NASCLA Contractors Guide to Business, Law and Project Management (Georgia Edition, 3rd Edition) is the only allowed reference. This guide includes a tabbing map and an open-book strategy so you can find answers fast under time pressure.
Is there a limit on how many times I can take the exam?
Not under current law. HB 635, effective July 1, 2025, removed the exam-attempt limit and waiting period. The PSI bulletin still prints the old two-attempt rule; the guide teaches the statute, which controls.
How was the content verified?
Every factual claim was checked against Georgia primary sources: the Official Code of Georgia Annotated, the Secretary of State licensing rules, and the PSI Candidate Information Bulletin (revised 4/28/2025). Content was verified in September 2026, and where a figure was uncertain, the guide says so instead of guessing.
Does it cover the trade exam for my classification?
No. This guide covers the Business and Law Examination only. Trade exams are classification-specific and are not included.
How do I receive the guide?
After checkout, you get a secure access email with a sign-in link. Confirm on the site and download the PDF. The download link is single-use and expires shortly after it is issued; if it expires, email support from your checkout address and we will reissue access.
What is the refund policy?
Because this is a digital download, refunds are limited to duplicate purchases or failed delivery. If your download does not work, email support and we will fix it or refund you.
Independence disclosure
Read this before you buy.
Independent study aid. Not affiliated with, endorsed by, or produced by the Georgia Board of Residential and General Contractors, PSI, or NASCLA. The practice questions are original questions written in exam style, not real exam questions. Statutes and rules change; verify current requirements against the PSI Candidate Information Bulletin and official sources before your exam. This guide does not guarantee a passing score and is not legal advice.