* 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 you must pass a technical exam and the business and law exam. You must also be able to document 2 years of experience within the last 5 years in the classification of work for which you are applying.
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.
South Carolina Department of Labor, Licensing and Regulation
Synergy Business Park, Kingstree Building
110 Centerview Dr.
Columbia, SC 29210
Hours: Monday - Friday 8:30am - 5:00pm
Website: South Carolina Contractors License Board
To obtain a South Carolina contractor license application and other forms for South Carolina go to Application Form