Mechanical Contractor License Group 4
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $60,000 | 1 Year | $600 |
A mechanical contractor in South Carolina is an entity that performs or supervises mechanical construction, including the installation, replacement, or repair of plumbing, heating, air conditioning, process piping, refrigeration, lightning protection, and electrical work. Required by the South Carolina Contractor's Licensing Board, the South Carolina bond allows Group 4 applicants to satisfy licensing in lieu of meeting the $60,000 net worth or $40,000 working capital requirement, with the State of South Carolina named as obligee.
Cost of the SC Mechanical Contractor License Group 4 Bond
The cost of the $60,000 Mechanical Contractor License Group 4 bond is $600 per bond term with NNA Surety. Secure this surety bond today.
How the Mechanical Contractor License Group 4 Bond Works
The Mechanical Contractor License Group 4 bond protects the State of South Carolina and any person harmed by a licensed contractor's breach of a construction, labor, or materials contract. It guarantees that a Charleston mechanical contractor, or any Group 4 licensee statewide, will perform work lawfully and honor the financial obligations tied to a project. Because it stands in for the $60,000 net worth requirement, the bond gives the licensing board financial assurance that the contractor can back its commitments.
The bond involves three parties:
- Principal: The licensed mechanical contractor
- Obligee: State of South Carolina
- Surety: Bonding company
A claim against a bond may be filed when a Columbia mechanical contractor breaches a contract or violates South Carolina construction law and leaves a customer or the state financially harmed. The surety pays valid claims up to the $60,000 bond amount, and the contractor must then reimburse the surety in full.
How to Get a Mechanical Contractor License Group 4 Bond
Here are the steps to secure your Mechanical Contractor License Group 4 bond with NNA Surety.
- Complete the application.
- Pay the $600 bond premium.
- Receive your bond by email.
- Submit the signed original bond to the South Carolina Contractor's Licensing Board with the State of South Carolina listed as obligee.
By working with NNA Surety, you can secure your South Carolina surety bond quickly and keep your Group 4 license application on track.
Apply for Your Mechanical Contractor License Group 4 Bond Today
Ready to meet your South Carolina licensing requirement without a credit check? When you apply with NNA Surety, you get flat-rate pricing and fast bond delivery on your Greenville mechanical contractor bond. Complete this form or call 855-563-1401 to get bonded.