Village of Coal Valley, IL - Contractor License
Flat Rate & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $10,000 | 1 Year | $100 |
Contractors performing applicable work in Coal Valley, Illinois, must meet village licensing and bonding requirements. Required by the Village of Coal Valley, the $10,000 contractor license bond helps ensure permitted projects comply with applicable contractor ordinances and professional requirements.
Cost of the Village of Coal Valley IL Contractor License Bond
The cost of the $10,000 Village of Coal Valley contractor license bond is $100 for a one-year bond term with NNA Surety. Secure this surety bond today.
How the Coal Valley Contractor License Bond Works
The Coal Valley contractor license bond helps protect the public by holding contractors financially accountable for complying with applicable village requirements and obligations covered by the bond.
The bond involves three parties:
- Principal: Contractor
- Obligee: Village of Coal Valley, 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 Village of Coal Valley Contractor License Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the $100 bond premium.
- Receive the bond form via email.
- Download and file the bond as required by the Village of Coal Valley.
Learn more about your Illinois surety bond options across the state.
Get Your Village of Coal Valley IL Contractor License Bond
Ready to meet your Coal Valley contractor bonding requirements? Complete this form or call 855-457-2196 to get bonded.