Mechanical Contractor License Group 3
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $30,000 | 1 Year | $300 |
In South Carolina, a mechanical contractor performs regulated commercial construction — including air conditioning, heating, plumbing and refrigeration work — on projects valued at more than $10,000, and a Group 3 license authorizes bids and jobs of up to $200,000. Required by the South Carolina Contractor's Licensing Board, the South Carolina bond may be posted in lieu of a financial statement to demonstrate the $30,000 in net worth or $20,000 in working capital a Group 3 limit requires.
Cost of the SC Mechanical Contractor License Group 3 Bond
The cost of the $30,000 mechanical contractor license Group 3 bond is $300 per bond term with NNA Surety. Secure this surety bond today.
How the Mechanical Contractor License Group 3 Bond Works
The Mechanical Contractor License Group 3 bond protects the State of South Carolina and the property owners who hire licensed contractors. It guarantees that a Columbia mechanical contractor will follow Title 40, Chapter 11 of the South Carolina Code of Laws and honor the financial responsibilities tied to a Group 3 license. In effect, the bond stands in for the net worth or working capital a Charleston mechanical contractor would otherwise have to prove on a financial statement.
The bond involves three parties:
- Principal: The licensed mechanical contractor
- Obligee: The State of South Carolina
- Surety: Bonding company
A claim against a bond may be filed when a Greenville mechanical contractor fails to meet the legal or financial obligations of a Group 3 license. The surety pays valid claims up to the $30,000 penal sum, and the principal must reimburse the surety for every dollar it pays out.
How to Get a Mechanical Contractor License Group 3 Bond
Here are the steps to secure your Mechanical Contractor License Group 3 bond with NNA Surety.
- Complete the application.
- Pay the $300 bond premium.
- Receive your bond by email.
- Submit the bond to the South Carolina Contractor's Licensing Board with your Group 3 license application.
When working with NNA Surety, a reliable surety provider, you can file the correct bond form and keep your Group 3 license on track with the state.
Apply for Your Mechanical Contractor License Group 3 Bond Today
Ready to satisfy your Group 3 license requirement? When you apply with NNA Surety, you get a flat $300 rate on your South Carolina surety bond with no credit check and fast, same-day delivery. [Complete this form or call 855-563-1401 to get bonded.]