Village of Frankfort, IL - Subcontractor
Flat Rate & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $15,000 | 1 Year | $100 |
Subcontractors performing applicable trade work in Frankfort, Illinois, must meet village registration and bonding requirements. Required by the Village of Frankfort, the $15,000 subcontractor bond helps ensure trade work meets applicable local standards and subcontractors comply with municipal requirements.
Cost of the Village of Frankfort IL Subcontractor Bond
The cost of the $15,000 Village of Frankfort subcontractor bond is $100 for a one-year bond term with NNA Surety. Secure this surety bond today.
How the Frankfort Subcontractor Bond Works
The Frankfort subcontractor bond helps protect the village and public by holding subcontractors financially accountable for complying with applicable local requirements and obligations covered by the bond.
The bond involves three parties:
- Principal: Subcontractor
- Obligee: Village of Frankfort, Illinois
- Surety: Bonding company
A claim against the bond may be filed when a subcontractor 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 Frankfort Subcontractor 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 Frankfort.
Learn more about your Illinois surety bond options across the state.
Get Your Village of Frankfort IL Subcontractor Bond
Ready to meet your Frankfort subcontractor bonding requirements? Complete this form or call 855-457-2196 to get bonded.