The Village of Maywood, a Cook County suburb along the Des Plaines River, licenses excavation and wrecker (demolition) contractors and conditions that license on a $20,000 surety bond deposited with the Director of Finance. Ours is $100 flat — the price you see is the checkout price. The bond issues the moment you pay — a soft credit pull at most, never a hard inquiry.
















A Village of Maywood contractor bond is about the simplest filing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit section.
Registration bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with the Maywood Director of Finance alongside your license application. Wet-ink original mailed on request.
Maywood licenses contractors by trade class under Code of Ordinances § 111.03, and each class carries its own bond amount — $20,000 for excavation and wrecker (demolition) contractors, a lower $5,000 for general building, carpenter, cement, and masonry contractors. The bond is deposited with the Village's Director of Finance, with surety approved by the Board of Trustees, before the Village will license the applicant.
It's a three-party arrangement: you (the principal), the surety carrier, and the Village of Maywood (the obligee), with the Village and harmed property owners as the protected parties. If a licensed excavation or wrecker contractor's work causes a loss the licensing requirement is meant to guard against, the Village can draw on the bond up to the $20,000 penal sum.
It is not insurance for you — if the surety pays a claim, you repay the surety. Confirm your trade class with the Village before applying: a general building contractor files the lower $5,000 bond, while excavation and wrecker work specifically calls for this $20,000 filing.
These are the actual issuing fields — no credit section, because this application doesn't collect credit information.
Start the application →$100 flat, soft pull only, bond often issued in the same sitting. Free until issued.