The Village of Streamwood, a northwest suburban Cook and Kane County community, requires every contractor working in the village to be licensed through Community Development, and bonds a subcontractor at $10,000 — the same tier as every trade other than a general contractor, which files $15,000. Ours is $100 flat — the price you see is the checkout price. The application collects no credit information, and most applicants approve instantly.
















A subcontractor license 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 Streamwood's Community Development Department alongside your license application. Wet-ink original mailed on request.
Streamwood licenses contractors through its Community Development Department and tiers the bond by role: a general contractor files $15,000, while a subcontractor — and every other contractor besides plumbers, fire alarm contractors, roofers, and sprinkler contractors, who are licensed through separate state channels — files the lower $10,000 bond.
It's a three-party arrangement: you (the principal), the surety carrier, and the Village of Streamwood (the obligee), with property owners and the village's building code as the protected interest. If a licensed subcontractor's work causes damage the licensing requirement is meant to guard against, a harmed party can recover against the bond up to the $10,000 penal sum.
It is not insurance for you — if the surety pays a claim, you repay the surety. Licenses and bonds run one year from the date of issuance, so we track your renewal and notify you 60 and 30 days out to keep the $10,000 filing continuous.
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.