Elk Grove Village excavation bonds.
$500 flat.
Any excavation work in an Elk Grove Village right-of-way requires a $50,000 performance bond filed with the Village before a permit is issued — ours is $500 flat, and the price you see is the checkout price. No credit check.
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How much does an Elk Grove Village excavation bond cost?
$500 at the $50,000 amount, the same for every applicant.
Three steps. One sitting.
Right-of-way excavation bonds are about the simplest thing in surety. Here's the entire process:
Apply online
Business details, the excavation site, and an effective date. That's the application.
Pay & e-sign
Bonds like this are among the thousands of bond types that issue right after purchase.
File with the Village
Your executed bond and power of attorney arrive by email, ready to file with your Elk Grove Village excavation permit application. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Elk Grove Village requires anyone digging, boring, or otherwise excavating in a Village right-of-way to file a $50,000 performance bond before the permit is issued. The bond stands behind the restoration of the right-of-way to its original condition and compliance with the Village's excavation permit conditions.
It's a three-party arrangement: you (the principal), the surety carrier, and the Village of Elk Grove Village (the obligee), with the Village and the traveling public as the protected parties. If excavation work is left incomplete or the right-of-way is not properly restored, the Village can present a claim against the bond to cover the repair cost.
It is not insurance for you — if the surety pays a claim, you repay the surety. The Village's excavation and right-of-way permit rules are administered by its Public Works Department; we could not locate a specific codified section number for this bond online, so we cite the Village's permit requirement rather than an invented ordinance.
You need this bond if you're
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 $50,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
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 your Elk Grove Village excavation permit application. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $500 at the $50,000 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 →Common questions.
Other Illinois bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your Elk Grove Village excavation permit today.
$500 flat, no credit check, bond often issued in the same sitting. Free until issued.