Moving to North Carolina as a general contractor: every state's rule

The unlimited tier in North Carolina is the Building classification of the General Contractor license, issued by the North Carolina Licensing Board for General Contractors and required for any single undertaking costing $40,000 or more. The Building classification covers all building construction and demolition, commercial, industrial, institutional and residential alike, plus parking decks, site work and paving, storm drainage, retaining walls, recreational facilities and a list of specialty categories including concrete, masonry, roofing, metal erection, interior construction, swimming pools and asbestos. The Board also issues Highway, Public Utilities and Specialty classifications for work outside building construction, and separate North Carolina boards license the electrical, plumbing, heating and fire sprinkler trades. As with every classification, the license is held by a business and qualified by a named individual who passes the examination, and it carries a monetary limitation: Limited up to $750,000 per project, Intermediate up to $1,500,000, and Unlimited with no project cap, each set by the working capital, net worth or surety bond the applicant can show. North Carolina accepts the NASCLA Accredited Examination for this classification, and it holds examination waiver agreements with a short list of named states, but the Board states it does not have full reciprocity with any state.