City of Chicago, IL - Plumbing Contractor
Competitive Rates
| Bond Amount Required | Bond Term | Annual Premium |
| $20,000 | 1 Year | $100 |
Licensed plumbing contractors in the City of Chicago, Illinois must file a $20,000 surety bond with the city in addition to the state-mandated bonding requirements identified in the supplied product information. The bond helps ensure plumbing work is performed safely and ethically and provides a financial guarantee supporting correction of covered code violations.
Cost of a City of Chicago, IL Plumbing Contractor Bond
The cost of the $20,000 City of Chicago, IL plumbing contractor bond is $100 for a one-year bond term based on the supplied product information. Get your bond from NNA Surety and use it today.
Why You Need a City of Chicago, IL Plumbing Contractor Bond
The City of Chicago plumbing contractor bond helps hold licensed plumbing contractors accountable for complying with applicable municipal plumbing, safety, licensing, and code requirements. It provides a financial safeguard when a bonded contractor fails to meet obligations secured by the bond.
The surety bond involves three parties:
- Principal: Licensed plumbing contractor
- Obligee: City of Chicago, IL
- Surety: Bonding company
If a bonded contractor fails to meet obligations covered by the bond, an eligible claim may be made against the bond. The contractor is responsible for reimbursing the surety for any valid claim amount paid.
How to Get a City of Chicago, IL Plumbing Contractor Bond
Follow this simple bonding process:
- Complete this bond application with your business and plumbing contractor information.
- Pay the $100 annual premium for the $20,000 bond.
- Receive the required bond form and complete any required execution information.
- Submit the bond to the City of Chicago as required for the applicable plumbing contractor licensing process.
Working with NNA Surety makes it simple to obtain the plumbing contractor bond required for your business.
Apply for Your City of Chicago, IL Plumbing Contractor Bond Today
Secure your City of Chicago, IL plumbing contractor bond and meet the applicable bonding requirements for your business. Apply Now to get started. For more information, call 855-457-2196 to speak to our team of Illinois surety bond experts.