(844) 589-9732

Illinois City of Rolling Meadows Contractor License Bond

December 3, 2018

The Illinois City of Rolling Meadows contractor license bond will be either a $5,000 or $10,000 surety bond amount. AmeriPro Surety Bonds offers this bond for you: 844-589-9732.

Illinois City of Rolling Meadows Contractor License Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

City of Rolling Meadows Contractors

 

 

 

The City of Rolling Meadows requires contractors who work within the city to be licensed and to provide a surety bond.

The purpose of the surety bond is a financial guarantee that the licensed contractor will perform contracted work according to state statutes.

AmeriPro Surety Bonds will provide you with the required surety bond amount for timely filing with the city.

 

 

 

Illinois City of Rolling Meadows Contractor License Bond: Job Performed and Amount Required

 

 

 

The City of Rolling Meadows contractor license bond is in one of two amounts:

  • $5,000;
  • $10,000.

The breakdown for the amounts of surety required are as follows:

  • Carpenters are required to obtain a $5,000 bond if their work exceeds $6,000;
  • Concrete workers are required to obtain a $5,000 bond if their work exceeds $2,000;
  • Driveways are required to obtain a $5,000 bond when the value of their work exceeds $2,000;
  • General contractors need a $10,000 bond when the value of their work exceeds $6,000;
  • HVAC’s need a $5,000 bond when their construction value is greater than $2,000;
  • Sewer need a $10,000 bond when their work exceeds $2,000;
  • Siding need a $5,000 bond when their work exceeds $5,000.

 

 

City of Rolling Meadows Contractor License Bond: Premium

 

 

 

The requirement to purchase a surety bond comes with the option to prepay your bond for up to 3 years.

The $5,000 surety bond may be as low as:

  • $100 for one year;
  • $100 for two years (this is not a typo; it is the same amount as for one year);
  • $125 for 3 years

Those who are required to purchase a $10,000 surety bond may be priced as follows:

  • $100 for one year;
  • $175 for two years;
  • $250 for three years.

 

 

About Our Agency

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency.

We provide license and permit, contractor, court, and fiduciary bonds throughout Illinois.

We also provide surety bonds nationwide.

Call our agency today for your City of Rolling Meadows contractor license bond:

 

 

844-589-9732

BE IN TOUCH

CONTACT US