Forest Park, IL — Contractor License Bond
Forest Park distinguishes $10,000 License and Permit security from $30,000 for demolition contractors. Use the actual business-license application's reverse-side requirements 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 Forest Park's class-specific surety attachment for contractor business licensing and permit eligibility.
- Who needs it
- Village contractor applicants using the applicable ordinary or demolition security request, with subcontractor relationships identified where requested.
- Who it protects
- The accepted form defines recipient and secured conditions. The application separately lists insurance and trade credentials; those are not substitutes for the bond or a promise of contractor liability coverage through it.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
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.
Sources
Have these ready
- Confirm ordinary versus demolition class and the accepted sum.
- Match legal business separately from owner/contact.
- Identify the General Contractor if applying as a subcontractor.
- Have accepted wording, recipient and actual dates.
- Check issued execution before Building Department delivery.
Questions about this bond
Can a demolition contractor use the ordinary $10,000 sum?
The posted instructions separately list $30,000 for demolition. Match the actual class and accepted request before proceeding.
Should a subcontractor automatically name its General Contractor as principal?
The form asks for that relationship separately from the applicant business. Use the actual legal principal in the accepted surety request.
Does the May–April license schedule set surety dates?
The application has distinct licensing and bond-expiration information. Use the actual instrument's dates; the existing option displays no term.