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Requirements for Contractors License

Requirements for contractors license differ slightly depending on the category of contractor.

General Contractors License Requirements

Financial Requirements

All licenses that fall under the category of General Contractors are divided in five financial categories based on net worth.

General Contractor License for SC (Limited) covers groups 1, 2 and 3

  • Group 1 – Allows for jobs of $50,000 or less, applicants must submit a self-prepared financial statement showing a net worth of at least $10,000.
  • Group 2 – Allows for jobs of $200,000 or less, applicants must submit a self-prepared financial statement showing a net worth of at least $40,000.
  • Group 3 – Allows for jobs of $500,000 or less, applicants must submit a financial statement that has been compiled and reviewed by a CPA showing a net worth of at least $100,000.

General Contractor License for SC (Unlimited, NASCLA) covers groups 4 & 5

  • Group 4 – Allows for jobs of $1,500,000 or less, applicants must submit a financial statement that has been compiled and reviewed by a CPA showing a net worth of at least $175,000.
  • 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 $250,000.

Experience Required

  • 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.

Mechanical Contractors License Requirements

Financial Requirements

All licenses that fall under the category of Mechanical 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 $50,000 or less, applicants must submit a self-prepared financial statement showing a net worth of at least $10,000.
  • Group 3 – Allows for jobs of $100,000 or less, applicants must submit a financial statement that has been compiled and reviewed by a CPA showing a net worth of at least $20,000.
  • Group 4 – Allows for jobs of $200,000 or less, applicants must submit a financial statement that has been compiled and reviewed by a CPA showing a net worth of at least $40,000.
  • 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.

Experience Required

  • 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.