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Illinois bonds

Aledo, IL — Contractor License Bond

Aledo's posted License and Permit Bond form is $10,000 and continuing. Match your Aledo contractor license or permit and legal applicant to that form before applying through Propeller.

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Recorded state
Illinois
Bond type
Contractor License / Registration Bond
Category
Contractors & construction

What this bond does

Prepare the city security connected to the applicant's Aledo license, permit or certificate, not a bond for a particular public-project bid.

Who needs it
Contractors whose City of Aledo license or permit request calls for the city's License and Permit Bond.
Who it protects
The form lists obedience to applicable city rules and laws and payment of penalties imposed during the license or permit period as its conditions. It names the City of Aledo as obligee; it is not liability insurance.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Fill the applicant's actual business or occupation

The city's form has blanks for the principal, address and the licensed or permitted business or occupation. Use the applicant identified in your request; the city is the named obligee, not a similarly named county office.

A license, permit or certificate may be issued or renewed yearly or periodically under the form. It also expressly describes the bond as continuing until canceled, with sixty days' written notice to the City for future liability. A renewal calendar is not a one-year provider option.

Check execution and city delivery after purchase

The posted amount is $10,000. The form leaves signature fields for the principal, surety and attorney-in-fact; these concern the completed instrument, not items a buyer must already possess to start an application.

Purchase Now opens Propeller in a new tab. After issuance, compare legal names, City wording, amount and dates with the city's accepted form and follow Aledo Inspection Division's current delivery instructions. Issuance is not itself city approval or a contractor license.

Sources

Have these ready

  1. Have the Aledo license or permit request and accepted form.
  2. Match the legal principal, address and business or occupation.
  3. Use the posted $10,000 City form and actual effective date.
  4. Distinguish city license renewal from bond continuity.
  5. Check execution and city delivery after issuance.

Questions about this bond

What does the city's $10,000 form address?

It lists compliance with applicable city rules and laws and payment of penalties imposed during the relevant license or permit period. It is not a project bid or payment instrument.

Does yearly license renewal require a new one-year bond?

The posted form describes a continuing bond even though a license or permit can renew yearly or periodically. Use the actual City acceptance and continuation instructions, not an assumed card term.

Does the attorney-in-fact sign before I apply?

That is an execution field on the completed City instrument. Bring the accepted form and applicant details to the provider application first, then check the issued document before filing.

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