City of Palos Hills, IL - General Contractor
Flat Rate & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $25,000 | 2 Years | $250 |
General contractors operating in Palos Hills, Illinois, must meet city licensing and bonding requirements. Required by the City of Palos Hills, the $25,000 general contractor bond helps ensure contractors comply with applicable building codes and provides financial protection for covered violations.
Cost of the City of Palos Hills IL General Contractor Bond
The cost of the $25,000 City of Palos Hills general contractor bond is $250 per two-year bond term with NNA Surety. Secure this surety bond today.
How the Palos Hills General Contractor Bond Works
The Palos Hills general contractor bond helps protect the city and public by holding general contractors financially accountable for complying with applicable building requirements and obligations covered by the bond.
The bond involves three parties:
- Principal: General contractor
- Obligee: City of Palos Hills, Illinois
- Surety: Bonding company
A claim against the bond may be filed when a contractor fails to meet an obligation covered by the bond. The principal is responsible for repaying valid claims paid by the surety.
How to Get the City of Palos Hills General Contractor Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the $250 bond premium.
- Receive the bond form via email.
- Download and file the bond as required by the City of Palos Hills.
Learn more about your Illinois surety bond options across the state.
Get Your City of Palos Hills IL General Contractor Bond
Ready to meet your Palos Hills general contractor bonding requirements? Complete this form or call 855-457-2196 to get bonded.