City of Palos Hills, IL - Subcontractor License
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $10,000 | 1 Year | $200 |
Subcontractors performing applicable trade work in Palos Hills, Illinois, must meet city licensing and bonding requirements. Required by the City of Palos Hills, the subcontractor license bond helps ensure subcontractors comply with applicable city ordinances and provides financial protection for covered losses resulting from improper workmanship.
Cost of the City of Palos Hills Subcontractor License Bond
The cost of the $10,000 City of Palos Hills subcontractor license bond is $200 per bond term with NNA Surety. Secure this surety bond today.
How the Palos Hills Subcontractor License Bond Works
The Palos Hills subcontractor license bond helps protect the city and public by holding subcontractors financially accountable for complying with applicable ordinances and covered workmanship obligations.
The bond involves three parties:
- Principal: Subcontractor
- Obligee: City of Palos Hills, Illinois
- Surety: Bonding company
A claim against the bond may be filed for covered losses resulting from improper workmanship or failure to meet other obligations guaranteed by the bond. The principal is responsible for repaying valid claims paid by the surety.
How to Get the City of Palos Hills Subcontractor License Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the $200 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 Subcontractor License Bond
Ready to meet your Palos Hills subcontractor bonding requirements? Complete this form or call 855-457-2196 to get bonded.