City of Columbia, South Carolina - Residential Builder License Bond
Residential Builder - Compliance Only
Overview
What it is.
Residential Builder - Compliance Only
Who usually needs it
Residential builders, licensed residential specialty contractors, and registered residential specialty contractors in South Carolina who work on projects exceeding $5,000 (or $200 for certain remodeling/specialty work) must obtain this bond. This includes professionals such as residential home builders, roofers, remodelers, small contractors, electrical con…
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateSCBond amount$2,000ObligeeCity of Columbia, South CarolinaBond classLicense BondCategoryOtherBondCity of Columbia, South Carolina - Residential Builder License BondPlain descriptionResidential Builder - Compliance OnlyWho needs this bondResidential builders, licensed residential specialty contractors, and registered residential specialty contractors in South Carolina who work on projects exceeding $5,000 (or $200 for certain remodeling/specialty work) …
