Village of Roselle, IL - Other Type Contractor
Flat Rate & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $10,000 | 1 Year | $100 |
Other Type contractors in Roselle must provide this $10,000 compliance bond to the Building Services Division. The bond serves as a guarantee to the Village that the contractor will address covered code violations and fulfill applicable legal requirements associated with the contractor’s trade license.
Cost of a Village of Roselle, IL Other Type Contractor Bond
Why You Need a Village of Roselle, IL Other Type Contractor Bond
The Village of Roselle Other Type Contractor Bond helps hold contractors accountable for obligations associated with local trade licensing, applicable building requirements, code compliance, and covered work. It provides a financial safeguard when a bonded contractor fails to meet obligations secured by the bond.
The surety bond involves three parties:
- Principal: Other Type contractor
- Obligee: Village of Roselle, 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 Village of Roselle, IL Other Type Contractor 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 Village of Roselle Building Services Division as required for your trade license.
Working with NNA Surety makes it simple to obtain the contractor bond required for your business.
Apply for Your Village of Roselle, IL Other Type Contractor Bond Today
Secure your Village of Roselle, IL Other Type Contractor 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.
The cost of the $10,000 Village of Roselle, Illinois Contractor License Bond is $100 for a one-year bond term. Get your bond from NNA Surety and use it today.