South Carolina Instructional Materials Bond Guide
In South Carolina, publishers of textbooks used in state schools must file a surety bond.
Bond Overview
- Purpose: To ensure school textbook publishers uphold state contracts
- Who Needs It: Publishers of state-approved textbooks in South Carolina
- Regulating Body: The South Carolina Department of Education
- Required Coverage: $1,000–$5,000
- Premium Rate: $100 for a 1-year term
Learn all about the bond requirements and process in this guide.
What Is a South Carolina Instructional Materials Bond?
A South Carolina instructional materials bond ensures that contracted publishers properly sell, supply and distribute textbooks to public schools.
The Department of Education will calculate your bond amount as $1,000 per title, program or series submitted for adoption, with a maximum of $5,000.
How Much Do Instructional Materials Bonds Cost?
A South Carolina instructional materials bond costs $100 for a 1-year term. Or, you can save 25% by selecting a multi-year term.
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Who Needs an Instructional Materials Bond?
The South Carolina Department of Education requires this bond for all publishers of state-adopted textbooks.
How Do I Get My Bond?
With SuretyBonds.com, you can buy your South Carolina instructional materials bond instantly online. Just enter your information and checkout in minutes.
We’ll mail you the bond via your preferred shipping method. Be sure to file it with the Department of Education as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a South Carolina Instructional Materials Bond Work?
An instructional materials bond creates a legal contract between these three parties:
- Principal: You, the publisher filing the bond
- Obligee: The South Carolina Department of Education requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of SC Code of Laws Title 59, Chapter 31.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety.
How Do I Renew My Bond?
Your bond term begins on June 1 and ends annually on May 31. To renew your instructional materials bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.