South Carolina — General Contractor License Group 4 Bond
South Carolina lists $250,000 security for a Group 4 general contractor using the licensing bond alternative. Purchase Now starts the application for this group-specific offering.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- South Carolina
- Bond type
- General Contractor Bond
- Category
- Contractors & construction
What this bond does
The Licensing Board permits a surety bond instead of the financial statement showing the group's required net worth with an initial or renewal application.
- Who needs it
- The contractor entity seeking or renewing Group 4 general contractor status using the surety bond route.
- Who it protects
- The State is obligee. The Board describes protection for persons damaged by specified construction-contract breaches and unlawful construction acts or omissions.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
Have these ready
- The Group 4 licensing request and required continuous form.
- Legal entity and State obligee wording.
- The $250,000 security requirement and requested effective date.
Questions about this bond
Is a bond the only financial route?
The Board describes the bond as an alternative to the financial statement showing required net worth.
Can the license bond replace a contract bond?
No. The Board says it is additional to other legally or contractually required security.
How do I start applying?
Purchase Now opens Propeller in a new tab. Confirm the Group 4 instrument and amount before submission; the license decision remains separate.