Steger general contractor bonds.
0.5% of the bond amount.
The Village of Steger requires a general contractor's license application to include a License/Permit Bond of at least $10,000, along with a Certificate of Insurance and the applicable fee, before the Village issues permits. Ours costs 0.5% of the bond amount, $100 minimum, priced at application.
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Apply to filed in one sitting.
Village license bonds are simple once you have your required amount. Here's the whole thing:
Apply online
Your business details, the obligee (Village of Steger), a $10,000-or-greater bond amount, and the effective date.
Approved
This application collects no credit information, so most applicants approve instantly. Pricing is 0.5% of the bond amount, $100 minimum.
File with the Village
Your executed bond and power of attorney arrive by email, ready to file with your general contractor's license application, Certificate of Insurance, and fee. Wet-ink original mailed on request.
What it is and who needs it.
What the general contractor bond actually guarantees
The Village of Steger requires a License/Permit Bond of at least $10,000 as part of a general contractor's license application. All applications must be accompanied by a Certificate of Insurance, the license bond, and payment of the license fee — the bond stands behind compliance with Village building regulations before permits are issued.
It's a three-party arrangement: you (the principal), the surety carrier, and the Village of Steger (the obligee), with the Village and its residents as the protected parties. If licensed work causes a covered loss or violates 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. Electrical, HVAC, roofing, and plumbing contractors must also submit proof of certification or a copy of their state license alongside the bond, so confirm the full checklist with the Building Department before applying.
You need this bond if you're
One application, issued instantly.
These are the actual issuing fields. The application collects no credit information, so your bond amount is what mainly drives your price.
Start the application →Common questions.
Other Illinois bonds.
Get your Steger license moving.
From $100, priced at application. Enter your amount and file with the Building Department the same day.