South Carolina General Contractor Unlimited (NASCLA)

* License will be required for the practice of contracting in South Carolina.

* Register at Nascla.org

* Application fees must be submitted with your application as well as a financial statement, passing test scores, and experience affidavit.

* The South Carolina Business and Law exam is required.

The following financial statement requirements apply to initial applications:

Group 4 - Submit a “compiled” financial statement prepared by a Certified Public Accountant (CPA) or Licensed Public Accountant (LPA). The financial statement must include a signed cover letter from the CPA or LPA stating it was “compiled”. It must be prepared in accordance with SSARS including all disclosures required by GAAP.

Limit Group 4 - $1,500,000 Net Worth Requirement - $175,000

Group 5 - Submit an “audited” financial statement prepared by a CPA including all disclosures required by GAAP (no exceptions will be made). The financial statement must include a signed cover letter from the CPA. It must be prepared in accordance with SSARS including all disclosures required by GAAP.

Limit Group 5 - Unlimited, Net Worth Requirement - $250,000

Experience Requirements: To be eligible to obtain the license there is no work experience requirements. You must pass a technical exam and the business and law exam.

Surety Bonds: Beginning with this renewal cycle, the South Carolina Contractor's Licensing Board can now accept a surety bond in lieu of a financial statement for both renewals and initial applications. Basically, an applicant can provide a surety bond in the amount of two (2) times the net worth requirement for the Group Level applied for. For example a General Contractor Group 5 would require a surety bond in the amount of $500,000.

Test Information This test covers information in the 12 subject areas below. The questions are created from content in the 21 book set shown below the following chart.
Candidate Information Bulletin: Click here to download the bulletin.