South Carolina Contractor License FAQ
An unlicensed contractor can only perform up to $5,000 for a project in South Carolina.
Licensed contractors are broken up into Groups in South Carolina. Below are the group requirements and details. Determine what group best suits you before starting your application.
- Group 1
- Net worth value must be at least $10,000 or surety bond amount of $20,000
- Single job limit value of $50,000
- Group 2
- Net worth value must be at least $40,000 or surety bond amount of $80,000
- Single job limit value of $200,000
- Group 3
- Net worth value must be at least $100,000 or surety bond amount. of $200,000
- Single job limit value of $500,000
- Group 4
- Net worth value must be at least $175,000 or surety bond limit of $350,000
- Single job limit value of $1,500,000
- Group 5
- Net worth value msut be at least $250,000 or surety bond limit of $500,000
- Single job limit value – Unlimited
The contractor license fee in South Carolina is $350.00. This is stated on the application cover page.
The NASCLA exam fee is $130.00.
The South Carolina business and law exam is $75.00.
The South Carolina contractor application has selection boxes for audited balance sheet, reviewed financial statement, compiled financial statement, owner prepared financial statement, or surety bond to use for your financial documentation.
Yes, the NASCLA can serve as the trades exam for both commercial and residential. You will select the Group that best fits you when completing the application.
If a contractor has four or more employees in South Carolina he/she will need to carry workers’ compensation insurance.
Yes, after passing the NASCLA exam you will need to take the Business and Law exam. This familiarizes you with the state specific rules and regulations.
There are 50 questions on the South Carolina Business and Law exam.
The South Carolina Business and Law exam is 120-minutes long.
Yes! The NASCLA exam is a very challenging exam. And studying 23 books on your own will take a significant amount of time. Our course will cut your study time down tremendously and provide you the material to pass on the first attempt.
You certainly can. We do not offer a course for the Business and Law exam and feel that students can prepare for this single book, open book exam on their own. If you have passed the NASCLA exam, you are already familiar with the NASCLA Business and Law book with has some similar information as the South Carolina Business and Law book. If you study up and highlight the state specific rules and regulations we have confidence that you can pass this without a course.
