Individual cities and communities in South Carolina --- i.e. Columbia, Florence, Rock Hill, the City of Greer, and others may require demolition contractors to obtain a specific permit to perform demolition work.
Also, the South Carolina Department of Health and Environmental Control will require a permit of demolition contractors.
You will be notified if your are also required to obtain a demolition surety bond, and our agency can accommodate the amount of surety required.
While the city of Columbia offers two demolition contractor surety bond amounts - $5,000 and $15,000 - the amount that any SC municipality will require will vary depending on the type and scope of demolition work to be performed.
However, qualifying for the South Carolina demolition bond through our agency is a relatively simple process. With a minimum premium of $100, the premium for the surety bond will typically be about 1% of the bond’s amount.
For any demolition surety amount up to and including $50,000 ($500 premium), our agency also provides this as an “instant issue” surety.
What this means for you is that after completion of an application and payment of the premium, the bond is issued immediately. There is neither a personal or business credit inquiry, nor the submission of the application for review by an underwriter.
A copy of the surety bond can be emailed to you within minutes, with the original surety bond to follow in the mail for filing. The original bond will also require your signature as principal.
Though your project may last only a few months – or moments – the demolition contractor bond is issued with a standard term of one year.
The purpose of your demolition contractor bond is to serve as a financial guarantee that you will be in compliance with all laws – federal, state, and local --- involved in the demolition process.
The bond protects others against the harmful affects which occur due to the failure of following any rules and procedures involved in demolition contracting.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide surety bonds throughout South Carolina and nationwide.
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