The South Carolina Residential Builders Commission requires the following contractor license bonds:
- For registered specialty contractors—$5,000
- For licensed residential specialty contractors—$10,000
- For residential builders seeking certification of authorization—$15,000
Additionally, the South Carolina Contractor’s Licensing Board can require contractor license bonds from contractors who don’t meet the Board’s minimum net worth requirements for licensing. In such cases, the required bond amount is twice the amount of the applicable net worth requirement.
Some local jurisdictions have their own licensing and bonding requirements as well.
