Village of Matteson, IL - Contractor
Flat Rate & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $10,000 | 1 Year | $100 |
To obtain a contractor license in Matteson, contractors must file this $10,000 surety bond. The bond guarantees that permitted work will follow applicable Village building codes and provides financial protection when covered obligations are not met.
Cost of a Village of Matteson, IL Contractor Bond
The cost of the $10,000 Village of Matteson, 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 Matteson, IL Contractor Bond
The Village of Matteson Contractor Bond helps hold contractors accountable for obligations associated with local licensing, permits, building codes, 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 Matteson, 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 Matteson, IL 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 Matteson as required for your contractor license.
Working with NNA Surety makes it simple to obtain the contractor bond required for your business.
Apply for Your Village of Matteson, IL Contractor Bond Today
Secure your Village of Matteson, IL 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.