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Illinois bonds

Elk Grove, IL — Right Of Way Permit Bond

Confirm whether your Illinois request is from Elk Grove Village or Elk Grove Township before using this offering. The Village's excavation bond provision is specific to its own permits and does not establish Township requirements.

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Recorded state
Illinois
Bond type
Right-of-Way / Street Work Bond
Category
Contractors & construction

What this bond does

Security for the actual Elk Grove road authority's permitted work, once its identity and accepted instrument are confirmed.

Who needs it
The applicant required by the requesting Illinois road authority, with the excavator and party commissioning the work correctly identified.
Who it protects
For the Village excavation provision described below, the bond indemnifies the Village against loss, liability or damage from the tunnel or excavation and its guarding or construction. That is not a universal project-completion guarantee.

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.

Resolve the authority before choosing the bond

The offering's Elk Grove name does not by itself settle Village versus Township identity. If your request is from Elk Grove Village under section 8-7B-1, the code requires a $50,000 bond filed with Community Development before an excavation/tunneling permit issues. Do not apply that amount, recipient or filing rule to a Township request without its own instructions. The precise authority and provider-form match for this offering remain pending.

Describe the excavation and the responsible parties

The Village provision covers tunneling or excavation in streets, alleys or other public places. Its application identifies location, size, purpose, the person doing the excavation and the person for whom the work is done; issuance requires the Community Development Director's order. Keep those roles distinct when establishing the legal bond principal.

Purchase Now opens Propeller; the option displays no fixed amount or term. First obtain the actual authority's request, form, legal recipient, amount and dates. Check issuance and filing, then obtain work authorization. A Village code provision does not prove blanket coverage, an annual expiration or the terms of a Township instrument.

Sources

Have these ready

  1. Written request confirming Elk Grove Village versus Elk Grove Township and the responsible Illinois road authority.
  2. Accepted form, legal principal/recipient, amount and dates matched to the actual provider offering.
  3. Excavation/tunnel location, dimensions, purpose, excavator and party commissioning work.
  4. Authority-specific filing, permit authorization, restoration and release instructions.

Questions about this bond

Are Elk Grove Village and Elk Grove Township requests interchangeable?

No. Establish the actual requesting authority and its legal recipient before using a form or amount from the other authority.

What does the Village excavation provision require?

Section 8-7B-1 requires a $50,000 bond filed with Community Development before the covered permit issues, securing Village indemnity for the tunnel or excavation. This is conditional Village context, not a verified Township requirement.

Does purchasing the bond authorize excavation?

No. The Village provision separately requires the permit and the Director's order. Other authorities' actual authorization and filing requirements must be confirmed from their own requests.

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