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Illinois bonds

Glenwood, IL — Contractor License Bond

Glenwood's licensing page calls for a surety performance bond of at least $10,000. Its General Contractor requirements separately describe a cash clean-up deposit; identify the actual request 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 Village's contractor-business licensing security without substituting it for a separate project clean-up deposit.

Who needs it
Glenwood contractors with an applicable Village request for their trade and business, not every homeowner performing authorized work personally.
Who it protects
The licensing page uses surety performance wording in the contractor-business context. The accepted form defines its conditions and recipient; that label is not proof of equivalence with a customer's project performance/payment package or 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.

Keep the two security instructions separate

The page describes a minimum $10,000 surety performance bond alongside insurance. The separate General Contractor sheet describes a $500 cash clean-up deposit for work valued over $2,000. Do not treat buying this surety as automatically satisfying that separate deposit.

Have the Village identify the current trade request and accepted form. A General Contractor must give the Building Department its project/subcontractor information and keep changes current; the General's security does not register every other firm.

A homeowner route does not cover a hired contractor automatically

The page's owner-work route requires Village permission, a permit and stated occupancy conditions. It is not a blanket contractor exemption merely because the client owns the house.

Purchase Now opens Propeller in a new tab. Match the legal business, accepted Village recipient/wording, actual sum and dates, then check issued execution before delivery. The existing option displays no term; dates on older posted licensing-year forms do not create one.

Sources

Have these ready

  1. Confirm the actual trade and minimum-$10,000 surety request.
  2. Distinguish the separate project clean-up deposit.
  3. Match legal business, accepted recipient, wording and actual dates.
  4. Keep General/subcontractor and owner-work routes separate.
  5. Check issued execution before current Village delivery.

Questions about this bond

Does this surety satisfy the cash clean-up deposit?

The General Contractor sheet lists that deposit separately from the licensing page's surety. Ask the Village which items apply rather than assuming one replaces the other.

Does surety performance mean my customer's project bond package?

The posted phrase appears in business-licensing instructions. Use the actual accepted instrument; it does not establish equivalence with a separate project performance/payment request.

Does the homeowner exception apply to a hired contractor?

The page describes owner-performed work with Village permission, permit and occupancy conditions. It is not blanket permission for hired contractors to skip their own requirements.

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