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Illinois bonds

Franklin Park, IL — Contractor License Bond

Franklin Park calls for a $10,000 License and Permit Bond specific to the work, with $50,000 instead for demolition. Identify the actual trade and Village request before applying through Propeller; plumbing's State document is a separate credential item.

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

What this bond does

Prepare the trade-specific Village licensing instrument at the accepted ordinary or demolition sum.

Who needs it
Franklin Park contractor-license applicants with the actual work classification and accepted Village security request.
Who it protects
The accepted form defines its secured conditions and Village recipient. The separate liability certificate and State/trade credentials do not change this into contractor insurance or a State plumbing bond.

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.

Name the work, not just contractor

The Village requires $10,000 wording specific to the work performed and separately lists $50,000 for demolition. Match the actual business and trade; the broad catalog name alone does not describe every licensed activity.

Its plumbing row asks for a copy of the $20,000 IDPH bond or the State IDPH license. That separate document instruction is not a reason to treat this Village option as the State instrument or replace its stated amount with $20,000.

Keep credentials and issued security separate

Electrical contractors use the stated approved testing-municipality registration route; roofing and sewer/drain work have their own credential rows. The Village gives its name and address for the bond and insurance documents, but the accepted surety form supplies the actual recipient field.

Purchase Now opens Propeller in a new tab. Have the accepted principal, work-specific wording, Village recipient, sum and dates ready, then review issued execution before delivery. The May–April license schedule does not supply a duration on this provider choice.

Sources

Have these ready

  1. Identify the actual Village-licensed work.
  2. Match $10,000 ordinary or $50,000 demolition as requested.
  3. Have trade-specific wording, legal principal and recipient.
  4. Keep State plumbing and other credentials separate.
  5. Check issued execution and actual dates before Village delivery.

Questions about this bond

Is the word contractor alone the requested trade wording?

The Village says the bond must be specific to the work performed. Match the actual licensed activity and form.

Does the plumbing row change this to a $20,000 State bond?

It lists a separate IDPH bond-copy or State-license document. It does not turn the Village option into that State instrument or rewrite the Village's class sum.

Can demolition use the ordinary amount?

The Village separately lists $50,000 for demolition rather than the ordinary $10,000. Confirm the actual request before applying.

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