All refrigeration contractors in the state of South Carolina are required to obtain a mechanical contractor license that has a refrigeration subclassification, as well as pass the Business Management and Law for Commercial Contractors Exam. These requirements must be fulfilled before any refrigeration work or bidding on jobs can take place.
The refrigeration mechanical contractor license allows professionals in South Carolina to install, repair, replace, or alter air conditioning systems and equipment. This equipment has numerous components and parts that are necessary for creating conditioned air for environmental cooling or heating within various buildings.
Refrigeration contractor licenses are divided into five groups. Each group has certain financial limits that are imposed per bid and per job. The five groups and the limits for each are:
The financial requirements for each group include providing GAAP financial statements or self-prepared balance sheets that show the required net worth amounts for each group.
Applicants for all groups must also provide evidence of two years of full-time hands-on fieldwork they’ve completed within the last five years, and only commercial work experience is accepted.
The financial requirements for each group include providing GAAP financial statements or self-prepared balance sheets that show the required net worth amounts for each group.
The amounts for Groups 1 and 2 are as follows:
Groups 3 and 4 are required to provide financial statements prepared by a CPA or PA. Their amounts are as follows:
Finally, Group 5 must provide a GAAP financial statement that has been audited by a CPA or a PA. The financial statement must show a net worth of $200,000 or the purchase of a $400,000 surety bond.
Once you’ve met the financial and experiential requirements, you will need to submit an application to take the exams. You must obtain approval from the South Carolina Contractor License Board to schedule and take the tests.
It’s imperative that you properly prepare for your exams; failure to pass them will delay your ability to obtain the professional license you’re working for.
Sign up with RocketCert to gain access to the most up-to-date, thorough information and educational materials available online. We have professional exam prep materials and a “no pass no pay” policy. If you find a better price somewhere else, we’ll beat it by 20%.
Sign up and get studying with RocketCert today.