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Illinois bonds

Riverdale, IL — Contractor License Bond

Riverdale's contractor application lists a minimum $5,000 standard surety bond and a separate minimum $5,000 electric surety requirement. Identify the actual trade and requested form before applying through Propeller.

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

What this bond does

Provide the surety security requested for applicable Village of Riverdale contractor registration.

Who needs it
Contractors preparing their own Riverdale registration and the bond request for their work.
Who it protects
The bond supports the Village licensing obligation under the accepted form. The same stated sum does not establish that standard and electric forms are interchangeable, or that either guarantees every private construction contract.

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 the correct trade and matching business information

The registration form separates Firm Name from Owner/President Name and identifies the contractor type. It requires matching addresses across documents and does not permit PO boxes for the Village package. Those are Village filing instructions, not a universal provider underwriting checklist.

Each subcontractor must register separately. A general contractor's registration does not complete the subcontractor's registration or its applicable trade documents.

Check the issued bond and complete Village registration

Purchase Now opens Propeller in a new tab. Have the business identity, actual trade and requested bond form ready. After issuance, check the required sum, accepted wording, dates and execution before providing the bond with the Village documents.

The Village describes registration as one year from the date paid and says documents may need updating within that year. This is not a fixed bond term displayed here. Registration and the applicable job permit must be issued before work begins.

Sources

Have these ready

  1. Identify the standard or electric request applicable to your work.
  2. Prepare the firm identity and matching Village document addresses.
  3. After issuance, check the requested sum, form, dates and execution.
  4. Complete your separate registration and applicable project permit.

Questions about this bond

Are standard and electric bonds interchangeable because both list $5,000?

The application lists them separately, each at a $5,000 minimum. Use the actual requested form, not the amount alone.

Does my registration cover the subcontractors I hire?

The Village requires all subcontractors to register separately. Check each firm's applicable registration and trade requirements.

Does the registration year set the bond's dates?

The form describes a registration period from the date paid and possible document updates during it. Match the bond to its actual request and issued dates.

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