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Coal Valley contractor license bonds.
$100 flat.

The Village of Coal Valley, a Rock Island County community in the Quad Cities area, requires a contractor to file a $10,000 surety bond, payable to the Village, with the Building and Inspections Department before it will issue a building permit. Ours is $100 flat. The bond issues the moment you pay — no credit check.

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Filed with the Village of Coal Valley's Building and Inspections Department as a condition of a contractor license
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Fixed price, fixed amount — $10,000 bond, $100, no quote process
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Runs on the Village's calendar-year cycle — runs to December 31
A-ratedA.M. Best carriersInstantunderwriting processTo Dec 31fixed expiry date
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Coal Valley contractor license bond cost?

$100 at the $10,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

A small-village contractor license bond is about the simplest filing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

Registration bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with the Village

Your executed bond and power of attorney arrive by email, ready to file with Coal Valley Building and Inspections alongside your permit application. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Coal Valley is one of the many Illinois municipalities that does not rely on a statewide contractor license — Illinois does not license general contractors at the state level, and almost all construction and trade licenses in the state are issued at the city or county level — and instead conditions its own building-permit process on a contractor first posting a $10,000 license or permit bond with the Village. No permit for work inside village limits is issued to an unbonded contractor.

It's a three-party arrangement: you (the principal), the surety carrier, and the Village of Coal Valley (the obligee), with property owners and the Village itself as the protected parties. If a bonded contractor's work causes damage the licensing requirement is meant to guard against, a harmed party can recover against the bond up to the $10,000 penal sum.

It is not insurance for you — if the surety pays a claim, you repay the surety. The carrier's own filing for this bond runs to a December 31 expiry regardless of the effective date you choose, so build that date into your compliance calendar rather than assuming a one-year-from-purchase cycle.

Village of Coal Valley — Building and Inspections DepartmentCoal Valley's contractor bonding requirement is administered by the Village's Building and Inspections Department rather than by a state statute — Illinois does not license general contractors at the state level, and villages like Coal Valley set their own permit conditions. We have not independently verified a citable municipal-code section number for this specific requirement in a source we could confirm, so check the current bond amount and any class distinctions directly with Building and Inspections before you apply.

You need this bond if you're

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Applying for a building permit in Coal Valley as a general or trade contractor
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Renewing your Village contractor license before it lapses on December 31
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A contractor new to the Coal Valley market bidding or booking your first local job
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Reinstating a lapsed license that needs a fresh bond filing to pull permits again
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the $10,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The bond runs to December 31 whatever day you buy; the premium covers the period to that date.

Renewal falls on the statutory date, December 31, in the year your term ends.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with the Village. Your executed bond and power of attorney arrive by email, ready to file with Coal Valley Building and Inspections alongside your permit application. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $100 at the $10,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

No credit check.

One application, issued instantly.

These are the actual issuing fields. No credit check.

Start the application →
FAQ

Common questions.

How much is the Coal Valley, Illinois contractor license bond?The premium is $100 flat — set by our carrier's rate book for this bond, the same for every contractor. The $10,000 bond amount is set by the Village, so there is no quote process.
Do I pay the $10,000?No. You pay $100. The $10,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
How fast will I have the bond?Registration bonds like this are among the thousands of bond types that issue right after purchase — many contractors finish the application and have the bond in the same sitting.
Is there a credit check?No credit check: the application collects no credit information. Most applications like this approve instantly.
When does the bond actually expire?The Village's filing renews on a calendar-year date (December 31), not exactly one year from your purchase date — the term you choose sets how many of those cycles you're covered for. We'll flag the real renewal date on your bond documents.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

Other Illinois bonds.

Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

Clear Coal Valley's permit desk today.

$100 flat, no credit check, bond often issued in the same sitting. Free until issued.

Your price$100
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