Ace the Utah Contractors Challenge 2026 - Business & Law Like a Pro!

1 / 400

If a project’s total value exceeds what amount, must the builder file a one-time affirmation with the division?

$500

$1,000

In Utah, the requirement for a builder to file a one-time affirmation with the division is triggered when the total value of a project exceeds $1,000. This filing is a crucial step in the regulatory process, ensuring that builders are compliant with state laws and regulations. It helps maintain accountability and provides a mechanism for oversight in construction projects, promoting both safety and quality in building practices.

While other figures are mentioned, none align with the established threshold for this particular affirmation requirement. Therefore, the focus is on that specific amount of $1,000, which serves as the benchmark in this regulatory context. Understanding these thresholds is essential for builders to ensure they are following the necessary legal protocols when undertaking construction projects.

Get further explanation with Examzify DeepDiveBeta

$2,000

$5,000

Next Question
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy