University Park contractor license bonds.
From $100. Enter your amount.
The Village of University Park requires a general or sub-contractor to hold a contractor license before working inside the Village, and conditions that license on a $5,000 surety bond payable to the Village, filed with Village Hall alongside proof of general liability insurance. Premiums cost 0.5% of the bond amount, $100 minimum. The application collects no credit information, and most applications approve instantly.
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Apply to filed in one sitting.
No long underwriting queue for the standard University Park contractor bond — apply, pay, and file with Village Hall. Here is the whole thing:
Apply online
Your business details, the $5,000 bond amount the Village requires, and the effective date — that is the entire application.
Approved
The application collects no credit information, and most applications approve instantly. Pricing is 0.5% of the bond amount, $100 minimum.
File with Village Hall
Your executed bond and power of attorney arrive by email, ready to file with Village Hall alongside your general and sub-contractor license application and certificate of insurance. Wet-ink original mailed on request.
What it is and who needs it.
What the University Park contractor bond actually guarantees
The Village of University Park licenses general and sub-contractors performing work inside the Village and conditions that license on a $5,000 surety bond, made payable to the Village of University Park, filed with Village Hall along with a certificate of general liability insurance. It is a compliance guarantee — it stands behind a licensed contractor's promise to work to the Village's codes and to honor the conditions of any permit pulled under the license.
It is a three-party arrangement: you (the principal), the surety carrier, and the Village of University Park (the obligee), with the Village and the public as the protected parties. If licensed work violates Village code and the Village or a harmed party suffers a loss, they can recover against the bond up to the $5,000 penal sum.
It is not insurance for you — if the surety pays a claim, you repay the surety. Certain trades carry an additional state-level credential on top of the Village license and bond: plumbers file an Illinois State Plumber's License and registration, roofers an Illinois State Roofer's License, and electricians a certification from a state-approved testing facility. Confirm your license category and current renewal date with Village Hall before you apply.
You need this bond if you are
One application, issued instantly.
These are the actual underwriting fields — no credit section, because this application doesn't collect credit information.
Start the application →Common questions.
Other Illinois bonds.
Finish your University Park license today.
From $100, soft pull only. Enter your amount and file with Village Hall the same day. Free until issued.