South Carolina Licensed Residential Specialty Contractors-HVAC, Plumber, Electrician- Bond ($10.000) If you are a Licensed Specialty Contractor, operating in the State of south Carolina, you are required to execute a South Carolina Licensed Residential Specialty Contractor Bond in the amount of $10,000. (Original bond signed by the applicant with the power of attorney attached) is required if you are doing projects that exceed $5,000 for total cost of construction. (labor and materials added together, regardless of who purchases the materials) The obligee, SC LLR/Residential Builders Commission mandates it to ensure compliance with section 40-59-10 of the Code of Laws of South Carolina.
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