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How much does a Palatine Illinois contractor bond cost?
Palatine Illinois contractor bond costs start at $100 annually. Your individual surety bond cost will be determined based on your license type and required bond amount.
- The $10,000 subcontractor bond costs $100 annually.
- The $25,000 general contractor bond costs $125 annually.
You can save money by choosing our multi-year discount to extend your Palatine Illinois contractor bond term during checkout!
How do I get a contractor license bond in Palatine Illinois?
You can purchase your Palatine Illinois contractor bond online 24/7. You'll just need to provide your name and license type for Department of Building Permit and Inspection filing approval. Once your payment has been processed, your official contractor license bond will be emailed to you instantly.
How fast can I get a contractor bond?
SuretyBonds.com offers instant email delivery 24/7 for your Palatine Illinois subcontractor or general contractor bond. Purchase your Palatine contractor bond online now to receive your official bond delivered in minutes by email.
What is a Palatine Illinois contractor license bond?
Individuals must file a surety bond before they can receive their contractor license to perform construction work in the village of Palatine Illinois. Subcontractors must file a $10,000 surety bond amount while general contractors must file a $25,000 surety bond amount. This bond protects the village of Palatine and its citizens from contractors who fail to comply with local construction work ordinances and regulations.
Why do I need a Palatine building permit bond?
By filing this bond you agree to comply with Palatine village ordinances and other applicable regulations when working under your general contractor or subcontractor license. If you fail to do so, your issuing surety company will pay valid claims to the village or other harmed individuals up to your full $10,000 or $25,000 surety bond amount, which you must reimburse.
Who regulates licensing for contractors?
The Palatine Illinois Department of Building Permit and Inspections enforces village contractor licensing requirements. If you have questions about your existing contractor license or new contractor license application, you can contact the Department by calling 1(847)359-9042 or emailing [email protected].
The Palatine Illinois Department of Building Permits and Inspections requires this bond for village contractor licensing. If you work as a contractor in other cities, we also offer Illinois contractor license bond types across the state.
Who needs a Palatine Illinois contractor bond?
You must purchase and file this bond to get your general contractor or subcontractor license to perform construction work in Palatine Illinois.
How do I update or change my bond form?
If the Palatine Illinois Department of Building Permits and Inspections requires your contractor license bond form be updated, contact your surety company. If you purchased your Palatine Illinois contractor bond from SuretyBonds.com, email [email protected] to explain the needed change. The most common change requested is updating your contractor information to match your existing contractor license.
How do I renew my Palatine Illinois contractor bond?
You'll need to renew your Palatine contractor bond before its current term expires. Once you pay your SuretyBonds.com renewal invoice, instructions will be provided to keep your Illinois surety bond active for your next contractor license term.
How do you become a licensed contractor in Palatine Illinois?
You'll need to submit your Palatine contractor license application through the online Citizen Self Service portal. The Department of Building Permit and Inspections no longer accepts application submission by mail or email. Your required contractor license application documents will vary depending on which license you need for your construction work.