An entity licensed under the classifications or subclassifications in Sections 40-11-410(1), (2), or (3) may act as a sole prime contractor on a project if forty percent or more of the work as measured by the total cost of construction falls under one or more of the licensee's license classifications or subclassifications. An entity licensed under the classifications or subclassifications in Section 40-11-410(4) and (5) may act as sole prime contractor if fifty-one percent or more of the work falls under one or more of the licensee's license classifications or subclassifications.
HISTORY: 1998 Act No. 440, Section 1.
Structure South Carolina Code of Laws
Title 40 - Professions and Occupations
Section 40-11-5. Application of chapter; conflict of laws.
Section 40-11-20. Definitions.
Section 40-11-30. Licensing requirement.
Section 40-11-40. Voluntary contributions with licensee applications; uses; reporting requirements.
Section 40-11-50. Repealed by 2014 Act No. 207, Section 1, eff July 1, 2014.
Section 40-11-60. Rules and regulations; owner-prepared financial statement form.
Section 40-11-70. Powers of board.
Section 40-11-80. Investigation of complaints and violations.
Section 40-11-90. Results of investigations to be presented to board; hearing.
Section 40-11-120. Other sanctions.
Section 40-11-130. Denial of license or certificate.
Section 40-11-140. Prior criminal record.
Section 40-11-150. Voluntary surrender of license.
Section 40-11-170. Costs of investigation and prosecution.
Section 40-11-180. Collection and enforcement of costs, fees, and fines.
Section 40-11-190. Investigations and proceedings confidential; communications privileged.
Section 40-11-200. Unlawful practice; penalty.
Section 40-11-210. Injunctive relief.
Section 40-11-230. Certification as qualifying party.
Section 40-11-240. Qualifications for licensure; required submissions.
Section 40-11-250. Renewal of license; lapsed license.
Section 40-11-260. Financial statements; net worth requirements.
Section 40-11-262. Surety bonds in lieu of providing financial statements.
Section 40-11-280. Change in license classification.
Section 40-11-290. Licensure of applicant holding license in another state.
Section 40-11-330. Joint Venture Bid.
Section 40-11-340. Qualifications for acting as sole prime contractor.
Section 40-11-380. Notification of bankruptcy of licensee.
Section 40-11-400. Qualifying party certificates.
Section 40-11-410. License classifications and subclassifications.
Section 40-11-430. Severability.
Section 40-11-500. Citation of article.
Section 40-11-510. Definitions.
Section 40-11-520. Stay of action or arbitration.
Section 40-11-530. Notice of claim; contents; request for clarification.