A contractor that does only commercial work and has a monetary bid limit of $350,000 is required to pay what amount into the Residential Recovery Fund?

A contractor that is exclusively involved in commercial work does not have an obligation to contribute to the Residential Recovery Fund because this fund is designed specifically to protect homeowners engaging in residential construction projects. Since the contractor in question only handles commercial contracts, they do not fall under the category of those who would benefit from the fund, and thus, they are not required to pay into it.

This situation is standard in many jurisdictions where funds like the Residential Recovery Fund are established to provide financial recourse for residential consumers who suffer losses due to contractor defaults or failures. Therefore, since the contractor does not partake in residential construction activities, the correct response is that the required contribution to the fund amounts to zero.