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Recent amendments create third party certification entity bond requirement in Illinois

third party certification

Beginning July 1, 2015, new rules concerning the issuance of commercial drivers licenses (CDL) will be enforced by law in the state of Illinois. The U.S. Department of Transportation will now require all current and prospective CDL third party certification program entities to post a surety bond in the amount of $10,000.

Prior to this new obligation, third party certification program entities were not required to obtain or hold any form of financial security in Illinois. In order to conduct services lawfully, entities that administer or provide skills training for CDL must now provide proof of a financial guarantee in the form of a surety bond.

The purpose of this surety bond is to hold all principals responsible to remaining in compliance with all applicable statutes and regulations. If it is discovered that principals are not operating according to Title 92, Part 1060 of the Illinois Administrative Code, the Illinois Secretary of State will not be held responsible for any damages or losses conducted by the principal or any of the principal’s employees. Entities that conduct CDL skills and road exams for private companies, municipalities, fire departments and more are required to post this bond. Governmental agencies are exempt.

In addition to completing the surety bond requirement, CDL third party certification program entities must also do the following based on these new amendments:

Don’t face unnecessary complications if you’re a third party certification program entity in Illinois. By working personally with our experts at SuretyBonds.com, we can provide the right bond you need that will allow you to continue operating lawfully after July 1, 2015. Give us a call today at 1 (800) 308-4358 or contact us online by submitting an online bond request form now.