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sc-supplementSC State Supplementhard

A Tier 2 contractor in SC is bidding on a $275,000 commercial renovation project. The contractor's current contract volume is $850,000. What is the maximum additional contract value they can legally accept?

Correct Answer

A) $150,000

Tier 2 contractors have a $1,000,000 contract volume limit. With $850,000 current volume, they can accept $150,000 more ($1,000,000 - $850,000 = $150,000). The $275,000 project exceeds this limit.

Answer Options
A
$150,000
B
$125,000
C
$200,000
D
$175,000

Why This Is the Correct Answer

Tier 2 contractors have a $1,000,000 contract volume limit. With $850,000 current volume, they can accept $150,000 more ($1,000,000 - $850,000 = $150,000). The $275,000 project exceeds this limit.

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