The Village of Bartlett requires contractors to obtain licensing and to maintain a $10,000 surety bond in order to perform contractor work in the city.
AmeriPro Surety Bonds offers this surety bond and the ability to prepay the bond for up to 3 years, thereby securing an automatic savings.
The purpose of the $10,000 Illinois Village of Bartlett contractor license bond is a financial guarantee that licensed contractors will perform their duties in accordance with state, local, and where applicable, federal regulations.
As such, the surety bond is a protection for the Village of Bartlett; they are the bond’s obligee, which means that they are the entity requiring the surety bond.
The bond protects against acts and omissions of contractors which may cause some financial harm.
As such, the bond is not an insurance policy for you as contractor; it really is a surety.
Should a claim be paid on the bond, it is your legally liability to reimburse the surety company, in full, for all costs involved in the settlement of that claim.
Included in the requirement to obtain surety bonding are the following professions:
The premium for your Village of Bartlett contractor license bond is the price you will pay for its issuance.
A quick application will determine the price of the bond. The bond may be purchased for one year or prepaid for up to a period of 3 years.
The bond when purchased lasts for as long as the time you have designated; thereafter, it must be renewed.
A continual active and current surety bond is required to perform contracting work in the Village of Bartlett.
AmeriPro Surety Bonds is a surety bonds-only agency providing contractor, license and permit, court, and fiduciary bonds throughout Illinois.
The Village of Bartlett contractor bond is easy to qualify for, and our goal is to get your bond to you as soon as possible for filing.
Please call our agency today at 844-589-9732.
You may also fill out the form below and one of our agents will contact you.