Rolling Meadows general contractor bonds.
$100 flat.
The City of Rolling Meadows requires a general contractor to hold a business license backed by a $20,000 surety bond — a higher amount than the $10,000 required of most other trade contractor categories in the city. Ours is $100 flat — the price you see at checkout is the price you pay.
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How much does a Rolling Meadows general contractor bond cost?
$100 at the $20,000 amount, the same for every applicant.
Three steps. One sitting.
A municipal license bond is among the simplest bonds we issue. Here is the whole process:
Apply online
Business details and an effective date — that is the application. No financials to gather up front.
Pay & e-sign
License bonds like this are among the thousands of bond types that issue right after purchase.
File with the City of Rolling Meadows
Your executed bond and power of attorney arrive by email, ready to file with the Community Development Department alongside your business license and Certificate of Insurance. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
The City of Rolling Meadows’ Community Development Department licenses contractors before issuing them a building permit. A general contractor’s license is conditioned on a $20,000 surety bond and a minimum $1 million Certificate of Insurance — a higher bond than the $10,000 the City sets for most single-trade categories.
It’s a three-party arrangement: you (the principal), the surety carrier, and the City of Rolling Meadows (the obligee). The bond guarantees your licensed work complies with the City’s permit conditions and code — so Rolling Meadows isn’t left absorbing the cost of a job performed out of code or left unfinished.
It is not insurance for you. If the City makes a valid claim and the surety pays, you repay the surety. The license and bond run one year from the date purchased, and the City does not mail renewal notices — track your own expiration date.
You need this bond if you are
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 $20,000 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 City of Rolling Meadows. Your executed bond and power of attorney arrive by email, ready to file with the Community Development Department alongside your business license and Certificate of Insurance. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $100 at the $20,000 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 Rolling Meadows license today.
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.