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Illinois bonds

Decatur, IL — Street Construction And Excavation Bond

Decatur's contractor-license packet includes a $5,000 street construction and excavation bond. The license expires January 31, but that date is not the end of the bond's stated protection for work done during the license period.

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Recorded state
Illinois
Bond type
Building / Excavation / Grading Permit Bond
Category
Contractors & construction

What this bond does

The city form addresses licensed/permitted public-street, alley and public-area excavation and specified concrete sidewalk, driveway and curb work. It secures applicable work requirements and stated city indemnity, including excavation refilling, obstruction losses and faulty construction/materials.

Who needs it
The licensed street construction/excavation contractor named as principal, with the City of Decatur as obligee. The packet collects the business/entity type and ownership information and requires a current bond and separate insurance.
Who it protects
The form says protection remains for not less than three years from the end of the license period during which the work was done. It also calls itself continuing until notice of cancellation is given to the city. Do not interpret the annual license expiry as erasing those obligations.

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.

Keep license expiry, work protection and insurance notice separate

The January 31 date belongs to the license application. The bond's three-year language starts at the end of the relevant license period—not automatically on purchase or the day excavation finishes.

The packet's separate insurance instructions contain a 30-day cancellation/modification notice. The bond's continuing-notice clause does not print that same number, so do not import the insurance deadline into the surety. Confirm the accepted bond wording, dates, signing and filing directions and keep the insurance certificate distinct.

Sources

Have these ready

  1. Have the contractor's legal entity, ownership information and license-period request.
  2. Identify the authorized street/excavation or concrete sidewalk/driveway/curb work.
  3. Use the accepted $5,000 form, city recipient, dates and authorized execution.
  4. Prepare separate required insurance and check the packet's no-outstanding-city-debt condition.

Questions about this bond

Does January 31 end the protection for earlier licensed work?

The bond states at least three years from the end of the license period in which work was done, alongside its continuing-notice wording. License expiry is not automatic release.

Is the packet's 30-day insurance notice also a bond clause?

Do not assume so. That notice is in the insurance requirements; the printed bond has its own continuing-cancellation wording.

Where do I begin the contractor-bond application?

Select Purchase Now to open Propeller in a new tab. Check the licensed contractor/principal, City of Decatur recipient, accepted street construction/excavation form, required sum and dates. Provider review/issuance, execution and city filing are separate from licensing and project permits.

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