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Obligee: South Carolina Contractors Licensing Board Surety Bonds

South Carolina General Contractor Bond Group 3

In lieu of providing a financial statement showing a minimum net worth for a license group as required by Section 40-11-260, an applicant may provide a surety bond from a surety authorized to transact surety business in this State in an amount of two times the required net worth for the applicant’s license group with his initial or renewal application. The required bond amounts are in parenthesis:

Group 1 General Contractor ($20,000)
Group 2 General Contractor ($60,000)
Group 3 General Contractor ($150,000)
Group 4 General Contractor ($250,000)
Group 5 General Contractor ($350,000)

South Carolina Mechanical Contractor Bond Group 3

South Carolina Mechanical Contractor Bond Group 3 is a crucial requirement for mechanical contractors operating in the state, ensuring compliance with industry standards and regulations. This bond serves as a financial guarantee that contractors will adhere to the contractual obligations and state laws, providing peace of mind to clients and stakeholders. It’s an essential step for maintaining professionalism and trustworthiness in the mechanical contracting industry of South Carolina.

South Carolina Mechanical Contractor Bond Group 5

Effective May 2018, the Contractor’s 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 Board can now accept a surety bond in lieu of a financial statement for both renewals and initial applications. An applicant may provide a surety bond in the amount of two (2) times the net worth requirement for the Group Level for which he or she applies. The license Groups are as follows:

Group 1 Mechanical Contractor Bond: $7,000

Group 2 Mechanical Contractor Bond: $15,000

Group 3 Mechanical Contractor Bond: $30,000

Group 4 Mechanical Contractor Bond: $60,000

Group 5 Mechanical Contractor Bond: $300,000

The terms of the obligation are statutory. The South Carolina Mechanical Contractor license bond must conform to the requirements as set forth in Section 40-11-262, “(1) be continuous in form and must be maintained in effect for as long as the applicant maintains the license issued by the department or until the applicant submits a financial statement showing that he meets the net worth requirements for the his license group; (2) name the State of South Carolina as obligee; (3) issued to benefit of any person who is damaged by an act or omission of the applicant constituting a breach of construction contract or a contract for the furnishing of labor, materials, or professional services for construction undertaken by the applicant, or by any unlawful act or omission of the applicant in performing construction; and (4) be in addition to, and not in lieu of, any other surety bond required of the applicant by law or regulation (local or state). The South Carolina mechanical contractor’s license bond may be canceled by notification to the Board by the surety and the applicant thirty days prior to the effective date of the cancellation.” All surety bonds and application materials must be submitted to:

South Carolina General Contractor’s Licensing Board

Synergy Business Park; Kingstree Building

110 Centerview Dr.

Columbia, S.C. 29210

South Carolina General Contractor Bond Group 1

In lieu of providing a financial statement showing a minimum net worth for a license group as required by Section 40-11-260, an applicant may provide a surety bond from a surety authorized to transact surety business in this State in an amount of two times the required net worth for the applicant’s license group with his initial or renewal application. The required bond amounts are in parenthesis:

Group 1 General Contractor ($20,000)
Group 2 General Contractor ($60,000)
Group 3 General Contractor ($150,000)
Group 4 General Contractor ($250,000)
Group 5 General Contractor ($350,000)

South Carolina General Contractor Bond Group 2

In lieu of providing a financial statement showing a minimum net worth for a license group as required by Section 40-11-260, an applicant may provide a surety bond from a surety authorized to transact surety business in this State in an amount of two times the required net worth for the applicant’s license group with his initial or renewal application. The required bond amounts are in parenthesis:

Group 1 General Contractor ($20,000)
Group 2 General Contractor ($60,000)
Group 3 General Contractor ($150,000)
Group 4 General Contractor ($250,000)
Group 5 General Contractor ($350,000)

South Carolina Mechanical Contractor Bond Group 1

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 Board can now accept a surety bond in lieu of a financial statement for both renewals and initial applications. An applicant may provide a surety bond in the amount of two (2) times the net worth requirement for the Group Level for which he or she applies. The license Groups are as follows: Group 1 Mechanical Contractor Bond: $7,000 Group 2 Mechanical Contractor Bond: $20,000 Group 3 Mechanical Contractor Bond: $40,000 Group 4 Mechanical Contractor Bond: $80,000 Group 5 Mechanical Contractor Bond: $400,000 The terms of the obligation are statutory. The South Carolina Mechanical Contractor license bond must conform to the requirements as set forth in Section 40-11-262, “(1) be continuous in form and must be maintained in effect for as long as the applicant maintains the license issued by the department or until the applicant submits a financial statement showing that he meets the net worth requirements for the his license group; (2) name the State of South Carolina as obligee; (3) issued to benefit of any person who is damaged by an act or omission of the applicant constituting a breach of construction contract or a contract for the furnishing of labor, materials, or professional services for construction undertaken by the applicant, or by any unlawful act or omission of the applicant in performing construction; and (4) be in addition to, and not in lieu of, any other surety bond required of the applicant by law or regulation (local or state). The South Carolina mechanical Contractor license bond may be canceled by notification to the Board by the surety and the applicant thirty days prior to the effective date of the cancellation.” All surety bonds and application materials must be submitted to: South Carolina General Contractor Licensing Board Synergy Business Park; Kingstree Building 110 Centerview Dr. Columbia, S.C. 29210

South Carolina General Contractor Bond Group 4

In lieu of providing a financial statement showing a minimum net worth for a license group as required by Section 40-11-260, an applicant may provide a surety bond from a surety authorized to transact surety business in this State in an amount of two times the required net worth for the applicant’s license group with his initial or renewal application. The required bond amounts are in parenthesis:

Group 1 General Contractor ($20,000)
Group 2 General Contractor ($60,000)
Group 3 General Contractor ($150,000)
Group 4 General Contractor ($250,000)
Group 5 General Contractor ($350,000)

South Carolina Mechanical Contractor Bond Group 2

Effective May 2018, the Contractor’s Licensing Board will accept a South Carolina Mechanical Contractor surety bond in place of qualification by the previous minimum net worth standards. Per the Board, “Beginning with this (2018-2018) license renewal cycle, the Board can now accept a surety bond instead of a financial statement for renewals and initial applications. An applicant may provide a surety bond of two (2) times the net worth requirement for the Group Level for which he or she applies. The license Groups are as follows:

Group 1 Mechanical Contractor Bond: $7,000

Group 2 Mechanical Contractor Bond: $15,000

Group 3 Mechanical Contractor Bond: $30,000

Group 4 Mechanical Contractor Bond: $60,000

Group 5 Mechanical Contractor Bond: $300,000

The terms of the obligation are statutory. The South Carolina Mechanical Contractor license bond must conform to the requirements as outlined in Section 40-11-262, “(1) be continuous in form and must be maintained in effect for as long as the applicant maintains the license issued by the department or until the applicant submits a financial statement showing that he meets the net worth requirements for his license group; (2) name the State of South Carolina as obligee; (3) issued to the benefit of any person who is damaged by an act or omission of the applicant constituting a breach of a construction contract or a contract for the furnishing of labor, materials, or professional services for construction undertaken by the applicant, or by any unlawful act or omission of the applicant in performing construction; and (4) be in addition to, and not instead of, any other surety bond required of the applicant by law or regulation (local or state). The South Carolina mechanical contractor’s license bond may be canceled by notification to the Board by the surety and the applicant thirty days before the effective date of the cancellation.” All surety bonds and application materials must be submitted to:

South Carolina General Contractor’s Licensing Board

Synergy Business Park; Kingstree Building

110 Centerview Dr.

Columbia, S.C. 29210

South Carolina Mechanical Contractor Bond Group 4

Effective May 2018, the Contractor’s Licensing Board will accept a South Carolina Mechanical Contractor surety bond in place of qualification by the previous minimum net worth standards. Per the Board, “Beginning with this (2018-2018) license renewal cycle, the Board can now accept a surety bond instead of a financial statement for renewals and initial applications. An applicant may provide a surety bond of two (2) times the net worth requirement for the Group Level for which he or she applies. The license Groups are as follows:

Group 1 Mechanical Contractor Bond: $7,000

Group 2 Mechanical Contractor Bond: $15,000

Group 3 Mechanical Contractor Bond: $30,000

Group 4 Mechanical Contractor Bond: $60,000

Group 5 Mechanical Contractor Bond: $300,000

The terms of the obligation are statutory. The South Carolina Mechanical Contractor license bond must conform to the requirements as outlined in Section 40-11-262, “(1) be continuous in form and must be maintained in effect for as long as the applicant maintains the license issued by the department or until the applicant submits a financial statement showing that he meets the net worth requirements for his license group; (2) name the State of South Carolina as obligee; (3) issued to the benefit of any person who is damaged by an act or omission of the applicant constituting a breach of a construction contract or a contract for the furnishing of labor, materials, or professional services for construction undertaken by the applicant, or by any unlawful act or omission of the applicant in performing construction; and (4) be in addition to, and not instead of, any other surety bond required of the applicant by law or regulation (local or state). The South Carolina mechanical contractor’s license bond may be canceled by notification to the Board by the surety and the applicant thirty days before the effective date of the cancellation.” All surety bonds and application materials must be submitted to:

South Carolina General Contractor’s Licensing Board

Synergy Business Park; Kingstree Building

110 Centerview Dr.

Columbia, S.C. 29210

South Carolina General Contractor Bond Group 5

In lieu of providing a financial statement showing a minimum net worth for a license group as required by Section 40-11-260, an applicant may provide a surety bond from a surety authorized to transact surety business in this State in an amount of two times the required net worth for the applicant’s license group with his initial or renewal application. The required bond amounts are in parenthesis:

Group 1 General Contractor ($20,000)
Group 2 General Contractor ($60,000)
Group 3 General Contractor ($150,000)
Group 4 General Contractor ($250,000)
Group 5 General Contractor ($350,000)

Understanding the South Carolina Contractors Licensing Board

If you are a contractor in South Carolina, you may have heard of the South Carolina Contractors Licensing Board (SCCLB). But what exactly is it, and why is it essential for contractors to understand?

In this guide, we will explore the role of the SCCLB and how it affects contractors in South Carolina.

What is the South Carolina Contractors Licensing Board?

The South Carolina Contractors Licensing Board is a state agency that regulates the construction industry in South Carolina. It was established in 1935 and is responsible for issuing and renewing licenses for contractors, as well as enforcing laws and regulations related to construction in the state.

The board is made up of 11 members, including 6 licensed contractors, 2 building officials, 2 members of the general public, and 1 representative from the South Carolina Department of Labor, Licensing and Regulation. The board is appointed by the Governor and serves to protect the public by ensuring that contractors are qualified and adhere to state laws and regulations.

Why is the SCCLB Important for Contractors?

The SCCLB plays a crucial role in the construction industry in South Carolina. It is responsible for ensuring that contractors are properly licensed and qualified to perform construction work in the state. This not only protects the public from unscrupulous contractors but also helps to maintain the integrity of the construction industry in South Carolina.

In order to work as a contractor in South Carolina, you must hold a valid license issued by the SCCLB. This license is required for all commercial and residential construction projects that exceed $5,000 in value. Without a valid license, contractors are not legally allowed to perform construction work in the state.

Types of Licenses Issued by the SCCLB

The SCCLB issues several types of licenses for contractors in South Carolina. These include:

  • General Contractor License: This license allows contractors to perform all types of construction work in the state, including commercial and residential projects.
  • Residential Builder License: This license is specifically for contractors specializing in residential construction projects.
  • Specialty Contractor License: This license is for contractors who specialize in a specific trade, such as plumbing, electrical, or HVAC.

In order to obtain a license, contractors must meet certain requirements, including passing a written exam and providing proof of insurance and financial responsibility.

Renewing Your License

All licenses issued by the SCCLB must be renewed every two years. In order to renew your license, you must complete a renewal application and pay the required fee. You must also complete continuing education courses, which are designed to keep contractors up-to-date on changes and developments in the construction industry.

How the SCCLB Enforces Laws and Regulations

The SCCLB is responsible for enforcing laws and regulations related to construction in South Carolina. This includes investigating complaints against contractors and taking disciplinary action when necessary.

If a contractor is found to be in violation of state laws or regulations, the SCCLB has the authority to issue fines, suspend or revoke licenses, and even refer cases to the Attorney General’s office for criminal prosecution.

Complaints Against Contractors

If you have a complaint against a contractor in South Carolina, you can file a complaint with the SCCLB. The board will investigate the complaint and take appropriate action if necessary. This can include issuing a warning, requiring the contractor to complete additional education or training, or taking disciplinary action.

It is important for contractors to understand that the SCCLB takes complaints against contractors very seriously and will not hesitate to take action if a contractor is found to be in violation of state laws or regulations.

Resources for Contractors

The SCCLB offers several resources for contractors in South Carolina. These include:

  • License Verification: Contractors can use the SCCLB’s online license verification tool to check the status of their license or another contractor’s license.
  • Continuing Education: The SCCLB offers a variety of continuing education courses for contractors to fulfill their renewal requirements.
  • Laws and Regulations: The SCCLB website provides access to all state laws and regulations related to construction in South Carolina.
  • Complaints and Disciplinary Actions: Contractors can view a list of disciplinary actions taken by the SCCLB against contractors in the state.

How to Contact the SCCLB

If you have questions or need to contact the SCCLB, you can do so through their website or by phone. The board’s website also lists frequently asked questions and answers for contractors.

Conclusion

The South Carolina Contractors Licensing Board plays a vital role in regulating the construction industry in South Carolina. As a contractor, it is important to understand the role of the SCCLB and how it affects your work. By following state laws and regulations and maintaining a valid license, you can ensure the success and integrity of your business in the state of South Carolina.

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