SC general contractor bonds.
$600. Five minutes.

South Carolina lets a Group 1 general contractor file a $20,000 surety bond in place of a financial statement to meet the net-worth requirement for licensure. Ours is $600 flat — 3% of the bond amount — and license bonds like this are the fastest thing we issue.

An accepted way to meet your SC Group 1 contractor net-worth requirement under S.C. Code 40-11-262
Fixed price, fixed amount — $20,000 bond, $600, no quote process
Multi-year terms available — set it up once, forget it for up to 3 years
A-ratedA.M. Best carriersFastoften same purchase1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here’s the entire process:

NOW · 5 MINUTES

Apply online

Business details and an effective date. That’s the application — no financials, no credit check section, no follow-up scavenger hunt.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with the Licensing Board

Your executed bond and power of attorney arrive by email, ready to file with your Contractor’s Licensing Board application or renewal. Wet-ink original mailed on request.

The whole pricing page.

$20,000 bond × 3% = $600, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$600
2-year term
$1,200
3-year term
$1,800
About this bond

What it is and who needs it.

What the bond actually does

South Carolina licenses general and mechanical contractors through the Contractor’s Licensing Board at the Department of Labor, Licensing and Regulation (LLR), and applicants must show a minimum net worth or working capital for their license group. Group 1 — the entry tier — carries the lowest threshold.

Rather than file a financial statement, S.C. Code 40-11-262 lets a Group 1 applicant post a $20,000 surety bond to satisfy that requirement. The bond is a guarantee to the State and the public that you’ll comply with South Carolina contractor law; if you violate it and someone is harmed, they can claim against the bond.

It is not insurance for you — if the surety pays a claim, you repay the surety. The bond is subject to the Board’s statutory renewal cycle, so we track it and notify you 60 and 30 days out to keep your filing continuous. For higher license groups the net-worth threshold rises — send us your group and we’ll confirm the figure.

S.C. Code 40-11-262 (Contractor’s Licensing Board)S.C. Code 40-11-262 allows a general or mechanical contractor to file a surety bond in lieu of a financial statement to meet the net-worth or working-capital requirement for licensure. For Group 1 the bond amount is $20,000. Contractors are licensed by the Contractor’s Licensing Board at LLR under S.C. Code Title 40, Chapter 11. Higher license groups require larger amounts — confirm your group on your application.

You need this bond if you’re

Applying for a SC Group 1 GC license and choosing the bond over a net-worth statement
Renewing your contractor license and your current bond is expiring or non-renewing
A mechanical contractor meeting the same net-worth requirement with a bond
New to South Carolina and getting licensed here without filing financials

Five minutes. The whole thing.

These are the actual issuing fields — no credit check section, because this bond doesn’t have one.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the South Carolina contractor license bond? +
The premium is $600 — a flat 3% of the $20,000 bond amount, the same for every contractor. The $20,000 is the figure set for the Group 1 net-worth option, so there is no quote process.
Do I have to file a bond? +
Not necessarily. S.C. Code 40-11-262 gives Group 1 applicants a choice: file a financial statement showing the required net worth, or post a $20,000 surety bond instead. Most contractors who would rather not disclose financials choose the bond.
How fast will I have the bond? +
License bonds like this are among the thousands of bond types that issue right after purchase — many contractors finish the application and have the bond in the same sitting. At most, 1–2 business days.
Is there a credit check? +
Not on this bond — the application has no credit section at all. Small fixed-amount license bonds like this one don’t need one.
When does it renew? +
The bond must stay active for as long as you hold the license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your license never lapses over a missed email.
Related bonds

Other New York bonds.

Finish your license checklist today.

$600 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$600
Apply now →