Village of Lakewood, IL - Contractor License
Flat Rate & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $10,000 | 1 Year | $100 |
Contractors seeking a municipal license or permit in Lakewood, Illinois, must meet village bonding requirements. The $10,000 contractor license bond helps ensure contractors complete applicable work safely and comply with village technical ordinances.
Cost of the Village of Lakewood IL Contractor License Bond
The cost of the $10,000 Village of Lakewood, IL Contractor License Bond is $100 for a one-year bond term. Secure this surety bond today.
How the Lakewood Contractor License Bond Works
The Lakewood contractor license bond helps protect the village and public by holding contractors financially accountable for complying with applicable local requirements and obligations covered by the bond.
The bond involves three parties:
- Principal: Contractor
- Obligee: Village of Lakewood, 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 Lakewood 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 Lakewood.
Learn more about your Illinois surety bond options across the state.
Get Your Village of Lakewood IL Contractor License Bond
Ready to meet your Lakewood contractor bonding requirements? Complete this form or call 855-457-2196 to get bonded.