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Village of Lyons, IL - Contractor License

Flat Rate & No Credit Check

Bond Amount Required Bond Term Annual Premium
$10,000 1 Year $100

Licensed contractors in Lyons must maintain this $10,000 surety bond for registration. The bond serves as a guarantee that the contractor will operate in accordance with applicable Village technical ordinances.

Cost of a Village of Lyons, IL Contractor License Bond

The cost of the $10,000 Village of Lyons, Illinois 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 Village of Lyons, IL Contractor License Bond

The Village of Lyons Contractor License Bond helps hold contractors accountable for obligations associated with local registration, permits, technical ordinances, and covered construction 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: Contractor
  • Obligee: Village of Lyons, 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 Lyons, IL Contractor License Bond

Follow this simple bonding process:

  1. Complete this bond application with your business and contractor information.
  2. Pay the $100 annual premium for the $10,000 bond.
  3. Receive the required bond form and complete any required execution information.
  4. Submit the bond to the Village of Lyons as required for your contractor registration.

Working with NNA Surety makes it simple to obtain the contractor license bond required for your business.

Apply for Your Village of Lyons, IL Contractor License Bond Today

Secure your Village of Lyons, 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.