Lakemoor contractor license bonds.
0.5% of the bond amount.

Every general and subcontractor working in the Village of Lakemoor must file an original $10,000 surety bond with the village, naming the Village of Lakemoor and any applicable third-party beneficiaries as obligees, before a building permit will be issued. Our rate is 0.5% of the bond amount, $100 minimum, and the application collects no credit information.

Required of every general contractor and subcontractor filing for a Lakemoor building permit
Bond amount fixed by the village at $10,000 — your exact price is computed below
0.5% of the bond amount, $100 minimum — no credit section, e-signed delivery
0.5% rate$100 minimumInstantissued the moment you payNo credit fieldsin the application
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Capital
McKinney
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JLL
Triple Five
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How it works

Apply to filed in one sitting.

No underwriting queue for the standard village contractor bond — apply, pay, and file with the village. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details and an effective date — the bond amount is already set at $10,000.

INSTANTLY

Issued on the spot

The application collects no credit information, so most contractor bonds like this issue the moment you pay.

SAME DAY

File with the Village

The original executed bond, listing the Village of Lakemoor and third-party beneficiaries as obligees, is mailed to Village Hall — a faxed or emailed copy is accepted to hold your place while the original is in transit.

About this bond

What it is and who needs it.

What the bond actually guarantees

The Village of Lakemoor requires every general contractor and subcontractor to file an original $10,000 surety bond before a building permit will be issued. The bond assures that the contractor's work will be completed in accordance with the building permit and the village's code, and it names the Village of Lakemoor and applicable third-party beneficiaries as obligees.

It's a multi-party arrangement: you (the principal), the surety carrier, and the village and its named third-party beneficiaries as obligees — so a harmed property owner covered by the bond, not just the village itself, can potentially look to it. If a contractor's work fails to meet the permit conditions or village code, a claim can be made against the bond.

It is not insurance for you — if the surety pays a claim, you repay the surety. Lakemoor requires the signed original bond to be mailed to Village Hall; we deliver an executed bond you can mail the same day, and a faxed copy is accepted in the meantime.

Village of Lakemoor Building DepartmentThe Village of Lakemoor's Building Department requires every general and subcontractor to file an original $10,000 surety bond, naming the Village of Lakemoor and applicable third-party beneficiaries as obligees, assuring that the contractor's work complies with the building permit and the village's code. A specific municipal code chapter/section number was not independently verifiable at publication; confirm your bond requirement with the Building Department before filing.

You need this bond if you're

A general contractor filing for a Lakemoor building permit for the first time
A subcontractor working under a Lakemoor permit that requires its own bond on file
Renewing your Lakemoor contractor bond before it expires
New to the village and filing with the Building Department for the first time

One application, issued on the spot.

These are the actual issuing fields — no credit section, because this application doesn't collect credit information.

Start the application →
FAQ

Common questions.

How much is the Lakemoor contractor license bond?Our rate is 0.5% of the bond amount, $100 minimum. The Village of Lakemoor fixes the bond itself at $10,000, so at that amount the $100 minimum applies — your exact price shows at the application before you pay.
What amount should I enter?You don't need to — the Village of Lakemoor's contractor bond is fixed at $10,000, so the amount is already set and locked in on the application.
What does the bond guarantee?It assures Lakemoor and the bond's named third-party beneficiaries that your work will comply with the building permit and village code. If it does not and a covered claim is made, the village or a harmed beneficiary can look to the $10,000 bond — and if the surety pays, you repay the surety.
Where do I file it?Lakemoor requires the signed original mailed to Village Hall — a faxed or emailed copy is accepted to hold your place in the meantime. We deliver an executed original you can mail the same day.
Is there a credit check?The application collects no credit information, so most applicants approve instantly. If a check ever runs on this bond, it's a soft pull that won't affect your score.
Related bonds

Other Illinois bonds.

Get your Lakemoor license bond today.

0.5% of the bond amount, $100 minimum, soft pull only, bond often issued in the same sitting. Free until issued.

Your price$100
Apply now →