Get Your South Carolina Contractors License

Pass your South Carolina Business and Law exam on your first attempt

South Carolina Business and Law

get south carolina contractors licenseAll qualifying individuals must pass the standard Business and Law examination; in addition, qualifying individuals must pass a second test covering the specific trade or certification area for which they are applying. The Business and Law examination consists of multiple choice questions related to business management and construction law. Applicants can find information below on the breakdown of the topics covered in the examination.

 

South Carolina Contractors License Requirements

 

let us help you get your contractors licenseThe first step in the licensing process is to pass the exams. A completed application should then be submitted to the state licensing board with documentation of your experience, financial information and your passing test scores. Within the past five years, contractor must show two years of actual work experience as a full-time employee in the desired classification. Only commercial experience is accepted. All licenses that fall under the category of General Contractor are divided in five financial categories based on net worth: Group 1 – Allows for jobs of $17,500 or less, applicants must submit a self-prepared financial statement showing a net worth of at least $3,500. Group 2 – Allows for jobs of $30,000 or less, applicants must submit a self-prepared financial statement showing a net worth of at least $6,000. Group 3 – Allows for jobs of $50,000 or less, applicants must submit a financial statement that has been compiled and reviewed by a CPA showing a net worth of at least $10,000. Group 4 – Allows for jobs of $125,000 or less, applicants must submit a financial statement that has been compiled and reviewed by a CPA showing a net worth of at least $25,000. Group 5 – There are no financial limits on the size of job allowed, applicants must submit an audited financial statement that has been prepared by a CPA showing a net worth of at least $100,000. You must furnish proof of financial responsibility on your application. More info here.

 

South Carolina Contractors Fees

 

contractors license feesAll applicants will have to pay $135 to file the application and $75 to take the exam. After you pass the exam, you'll need to pay a $110 license fee and submit a surety bond for $15,000. The license expires July each year regardless of date issued. If you have a license from another state whose requirements are comparable to South Carolina's, the Commission may grant you a license without taking the exam.

 

South Carolina Business and Law Exam Details

 

contractor exam detailed informationThe first step in the licensing process is to pass the exams. A completed application will then be submitted to the state licensing board with documentation of your experience, financial information and your passing test scores. All applicants will have to pass two exams; their trade and a business and law exam. Business and Law has 50 questions and a time limit of 2 hours. A score of 70% (35 questions correct) is needed to pass. More info here.

Business and Law Exam Content

 

Business Management
Estimating and Bidding
Contracts and Agreements
Project Management
Insurance and Bonding
Safety Recordkeeping and Reporting
Labor Laws and Employment Regulations
Financial Management
Tax Laws
Liens
Environmental Laws and Regulations


Total Number of Test Questions: 50


Time Allowed: 120 minutes

 

Books That Are Allowed Into The Exam

 

1. South Carolina Contractors Guide to Business, Law and Project Management, 6th Edition, 2008, NASCLA.

 

NOTE: If you are not currently a licensed contractor then you are required to take and pass BOTH the standard LAW exam and TRADE specific exam.

$149

order your law exam

 

South Carolina Business and Law Home Study Kit $149

 

complete home study kit saleOur home study materials are available in either books with CD-ROMs version or online downloadable version. Our CD-ROM software is developed using the computer-assisted testing software, which means that no internet or prior computer experience is required. Both CD-ROM and instant online download versions are identical and cover everything you need to study and pass your Business and Law contractors exam. The complete home study kit includes: Business and Law study manual with over 200 pages related to business management and construction law, financial, record keeping, math examples, estimating, safety, and more. Plus 500 hundred of exam practice questions with detailed explanations to all Business and Law exam practice questions. All orders also receive a complete contractors application review, 30-day online exam support, and 24/7 online applicant support.

 

South Carolina Contractors License Reciprocity

 

contractors license reciprocityThe State of South Carolina Licensing Board has reciprocity with Alabama, Louisiana, Mississippi, North Carolina, Georgia, Pennsylvania, Tennessee, Utah and Texas. If you have a Building license in North Carolina you may be able to get your South Carolina license without taking the exam. More info here.