Skip to content

Illinois bonds

Milan, IL — Contractor Bond

Milan's annual contractor registration asks for a $10,000 continuous license-and-permit bond on the Village's form. Have the business activity and accepted form ready before starting the RLI application.

Also known as Milan Contractor Bonds

Continue to our secure checkout partner, RLI (opens in a new tab).

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

What this bond does

Secure the principal's compliance with applicable Village business rules and payment of penalties under Milan's license-and-permit form.

Who needs it
Contractors completing the Village's annual registration for their selected work category.
Who it protects
The form binds the principal and surety to the Village of Milan for $10,000. Its conditions address applicable rules, ordinances and penalties for the business or occupation, rather than a private construction contract's performance or payment.

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.

Use Milan's continuous bond form

The annual registration application expressly requests a $10,000 continuous license-and-permit bond on the Village of Milan form. That form identifies the business or occupation and describes continuing security for yearly or periodic licensing until cancellation.

The form gives the surety a right to cancel future liability on 60 days' written notice to the Village. That notice provision is not a selectable purchase term or a promise that annual registration automatically renews the bond.

Check the issued form before completing registration

Purchase Now opens RLI in a new tab. Apply with the legal business identity, actual work category and Village form. After issuance, check the $10,000 sum, Village recipient, bond number and activity description, along with the principal and attorney-in-fact execution fields.

Keep the issued bond separate from the registration application's insurance certificate and no-employee declaration. That declaration concerns workers' compensation, not a bond exemption. Follow the Village's filing instructions; entering information in the provider application does not complete municipal registration.

Sources

Have these ready

  1. Select the actual contractor category for Village registration.
  2. Have the Village's $10,000 continuous license-and-permit form.
  3. Match the legal principal and business or occupation.
  4. After issuance, check the numbered document and execution fields.
  5. Complete the separate Village registration with the required bond and other documents.

Questions about this bond

Does annual registration mean this is a fixed one-year bond?

The Village specifically asks for a continuous bond. Its form describes continuing security for yearly or periodic licensing until cancellation; this page does not display a fixed term choice.

What does the 60-day provision mean?

The form gives the surety the right to cancel future liability on 60 days' written notice to the Village. It is a cancellation condition, not a purchase duration or an issuance promise.

Does the no-employee declaration remove the surety requirement?

No. The declaration addresses workers' compensation if the business hires employees. The same registration application separately requests the $10,000 continuous Village-form bond.

Related bonds

Keep exploring

How can we help you get started?

Choose the quote that fits, and we’ll take it from there.

Have a question? Contact us