The Village of Forest Park requires anyone doing contracting work in the village to carry a $10,000 surety bond on file with the Building Department before a permit will issue. The village sets the bond amount; our rate is 0.5% of the bond amount, $100 minimum, and the application collects no credit information.
















No underwriting queue for the standard village contractor bond — apply, pay, and file with the Building Department. Here is the whole thing:
Your business details and an effective date — the bond amount is already set at $10,000, so there is nothing to size.
The application collects no credit information, so most contractor bonds like this issue the moment you pay.
Submit the executed bond and power of attorney with your contractor license application. Wet-ink original mailed on request.
The Village of Forest Park requires a contractor to file a $10,000 surety bond with the Building Department before the village will issue building permits to that contractor. The bond stands behind the contractor's compliance with village building requirements and permit conditions.
It's a three-party arrangement: you (the principal), the surety carrier, and the Village of Forest Park (the obligee), with the village and harmed property owners as the protected parties. If a contractor's work fails to meet code or leaves covered obligations unpaid, the village or a harmed party can look to the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Forest Park separately requires proof of $1,000,000 in liability insurance naming the village as certificate holder, and a demolition contractor posts a larger $30,000 bond instead of this one.
These are the actual issuing fields — no credit section, because this application doesn't collect credit information.
Start the application →0.5% of the bond amount, $100 minimum, soft pull only, bond often issued in the same sitting. Free until issued.