North Carolina Licensing Board for General Contractors

General Contractor License

North Carolina does license general contractors, and the threshold is the number to know: the license is required where the cost of the undertaking is $40,000 or more, so smaller jobs need none. Three tiers cap the single project you may take — $750,000 limited, $1,500,000 intermediate, unlimited above — and each carries a financial test that dwarfs the application fee: working capital of $17,000, $75,000 or $150,000, or a surety bond of $175,000, $500,000 or $1,000,000 instead. Renewal also needs proof of continued financial responsibility and eight hours of continuing education a year, two of them a mandatory board course. Late renewal costs $10 for every month or part after 1 January. Lose your qualifying individual and you have ninety days to replace them, during which you may not bid or take new work; let the license stay invalid four years and it is archived, the number never reissued, and you start again with a new application and a new exam.