Obligee: Residential Builders Commission Surety Bonds

South Carolina Registered Residential Specialty Bond

South Carolina Registered Residential Specialty Bond is a crucial requirement for contractors in South Carolina, ensuring compliance with state regulations and safeguarding homeowners. This bond is a form of financial guarantee that contractors must secure before undertaking any residential specialty projects within the state. It serves to protect the interests of both the homeowners and the state by ensuring that contractors adhere to the building codes and standards set forth by South Carolina law. By obtaining this bond, contractors demonstrate their commitment to professionalism and reliability, fostering trust within the community and promoting a higher standard of construction quality.

South Carolina Residential Specialty Contractor License Bond

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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