South Carolina Surety Bonds

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Required Surety Bonds in South Carolina

Typical South Carolina bonds include (click on any for more info):

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Required Surety Bonds in South Carolina

All South Carolina surety bonds can be broadly categorized as construction and contractor bonds, license and permit bonds, or court bonds. There are multiple bond types within each category.

South Carolina Construction & Contractor Bonds

South Carolina’s “Little Miller Act” requires a bid bond from any contractor competing for a publicly funded project in a sealed bidding situation. The winning bidder must also obtain both a performance bond and a payment bond, but this requirement may be waived for projects valued at $50,000 or less.

South Carolina License & Permit Bonds

The South Carolina Department of Labor, License, and Regulation issues most of the occupational and professional licenses in the state, through more than 40 different licensing boards, commissions, and councils. In many cases, purchasing a license and permit bond is a mandatory step in the licensing process.

South Carolina Court Bonds

South Carolina’s courts have the option of ordering someone to obtain a surety bond. An appeal bond may be required from parties involved in a case under appeal, particularly if contested property is at stake. A probate bond can be required of anyone taking on fiduciary responsibilities, such as an executor of an estate or guardian of a minor.

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