Overview of South Carolina Mechanical Contractor Bond A South Carolina Mechanical Contractor Bond guarantees the state that the contractor will follow all regulations and requirements. It protects clients from financial loss. Neglecting to do so may result in an investigation, suspension of the license, or paying
Tennessee-City of Knoxville-Mechanical Contractor Bond ($10,000) The City of Knoxville Mechanical Contractor Surety Bond is required by the state of Tennessee City of Knoxville. The Bond amount(Penalty) required is $10,000. This Bond is required of principals that have applied for a license from the City of
South Carolina Mechanical Contractor Bond Group 5 ($400,000) Effective May 2018, the Contractor Licensing Board will accept a South Carolina Mechanical Contractor surety bond in lieu of qualification by the previous minimum net worth standards. Per the Board, “Beginning with this (2018-2018) license renewal cycle, the
South Carolina Mechanical Contractor Bond Group 4 ($80,000) Effective May 2018, the Contractor Licensing Board will accept a South Carolina Mechanical Contractor surety bond in lieu of qualification by the previous minimum net worth standards. Per the Board, “Beginning with this (2018-2018) license renewal cycle, the
South Carolina Mechanical Contractor Bond Group 1 ($7,000) Effective May 2018, the Contractor Licensing Board will accept a South Carolina Mechanical Contractor surety bond in lieu of qualification by the previous minimum net worth standards. Per the Board, “Beginning with this (2018-2018) license renewal cycle, the
South Carolina Mechanical Contractor Bond Group 2 ($20,000) Effective May 2018, the Contractor Licensing Board will accept a South Carolina Mechanical Contractor surety bond in lieu of qualification by the previous minimum net worth standards. Per the Board, “Beginning with this (2018-2018) license renewal cycle, the
South Carolina Mechanical Contractor Bond Group 1 ($7,000) Effective May 2018, the Contractor Licensing Board will accept a South Carolina Mechanical Contractor surety bond in lieu of qualification by the previous minimum net worth standards. Per the Board, “Beginning with this (2018-2018) license renewal cycle, the
Overview of Contractor Bond in South Carolina Contractors in South Carolina must obtain a bond before they start any construction projects. This Bond guarantees the contractor will complete the project as per the contract and covers any damages if they don’t. Not getting a bond can
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SURETY BOND CLAIMS Surety Bond Claims Surety Claim Form The Palmetto Surety Corporation Surety Bond Claim form and process is made accessible to protect Obligees whose conditions or terms violate an active surety bond. Please complete the questions below and then submit them to file your
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