City of Rock Island, IL - Contractor License
Competitive Rates
| Bond Amount Required | Bond Term | Annual Premium |
| $10,000 | 1 Year | $100 |
Contractors seeking a license or permit to work in the City of Rock Island, Illinois must provide the Inspection Division with a $10,000 surety bond. The bond supports compliance with applicable municipal building regulations and provides financial protection for property owners and the city when covered obligations are not met.
Cost of a City of Rock Island, IL Contractor License Bond
The cost of the $10,000 City of Rock Island, IL contractor license bond is $100 for a one-year bond term. Get your bond from NNA Surety and use it today.
Why You Need a City of Rock Island, IL Contractor License Bond
The City of Rock Island contractor license bond helps hold contractors accountable for complying with applicable licensing, permit, building code, and municipal 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: Contractor
- Obligee: City of Rock Island, 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 Rock Island, IL Contractor License Bond
Follow this simple bonding process:
- Complete this bond application with your business and contractor information.
- Pay the $100 annual premium for the $10,000 bond.
- Receive the required bond form and complete any required execution information.
- Submit the bond to the City of Rock Island Inspection Division as required for your contractor license or permit.
Working with NNA Surety makes it simple to obtain the contractor license bond required for your business.
Apply for Your City of Rock Island, IL Contractor License Bond Today
Secure your City of Rock Island, IL contractor license 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.