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What is the maximum contract value limit for a Tier 1 contractor in South Carolina?

Correct Answer

B) $200,000 per contract, $500,000 total volume

Tier 1 contractors are limited to $200,000 per individual contract and $500,000 in total contract volume.

Answer Options
A
$500,000 per contract, $1,000,000 total volume
B
$200,000 per contract, $500,000 total volume
C
$300,000 per contract, $600,000 total volume
D
No limit on contract value or volume

Why This Is the Correct Answer

Tier 1 contractors are limited to $200,000 per individual contract and $500,000 in total contract volume.

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