Surety Bond Encyclopedia

Concrete/Cement/Paving Contractor license Bond - Village of Riverdale, IL in Illinois

Brief Summary

Riverdale will not license a concrete, cement or paving contractor until the surety bond is in hand, and no work may start until the registration and the job permit are issued. We write the bond to the Village of Riverdale at the amount the current application asks for, and most contractors are quoted the same day.

Concrete, cement, sidewalk and paving contractors working in the Village of Riverdale, Illinois must hold a Village contractor license, which costs $195 a year and requires a surety bond to the Village. Section 5.40.030 of the Riverdale Municipal Code sets the bond at $2,500, but the Village's current contractor application calls for a $5,000 minimum, so most contractors bond at $5,000 to clear both.

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How to Apply for a Concrete/Cement/Paving Contractor license Bond:

  • Confirm the bond amount the current Riverdale Contractor Application requires, currently a $5,000 minimum.
  • Complete the bond application with the firm name exactly as it will appear on the Village application, using a street address, not a PO box.
  • Pay the premium and receive the executed bond naming the Village of Riverdale as obligee.
  • Get a certificate of liability insurance listing the Village of Riverdale as certificate holder with at least $100,000 personal injury and $100,000 property damage.
  • Submit the Contractor Application, bond and insurance certificate to Inspectional Services, 157 West 144th Street, Riverdale, IL 60827, with the $195 fee.
  • Pull a permit for each job before starting work, and renew the license one year from the date paid.

Detailed Information About the Illinois Concrete/Cement/Paving Contractor license Bond:

Which amount to bond at

This is where most applicants get tripped up. Section 5.40.030 of the Riverdale Municipal Code, last amended by Ordinance 2025-10, requires a building contractor to furnish a surety bond to the village in the sum of $2,500 before any license is issued. The Village's current Contractor Application, revised in 2025, lists the standard surety bond as $5,000 minimum. A $5,000 bond satisfies both, and it is the amount Inspectional Services will be looking for when it reviews the application. Confirm the figure with Inspectional Services at 708-841-2200 before the bond is issued if you have any doubt.

Who needs the license

Chapter 5.40 defines a building contractor to include anyone in the business of cement or concrete contracting, whether flat, form or wall work, along with masonry and carpentry contractors, and it sets the same $195 annual fee for concrete or cement contractors and for sidewalk or paving contractors. Subcontractors are treated as building contractors and need their own license. The application also states that no work may commence until registration and permits are issued for each job.

What the bond guarantees

The bond secures faithful observance of the village code provisions that apply to building contractors, and payment of any damage to a public way, public hall, wire cables, electrical appliances, or trees and shrubbery owned or controlled by the Village. For a concrete or paving contractor that usually means curbs, parkways, sidewalks and street pavement next to the job. The surety must be a duly authorized surety satisfactory to the Village.

Insurance and term

Section 5.40.060 requires a certificate of public liability insurance with at least $100,000 for personal injury and $50,000 for property damage, and the Fire Chief may suspend a license if coverage lapses. The current application asks for $100,000 personal injury and $100,000 property damage with the Village of Riverdale as certificate holder. Registrations are issued for one year from the date paid, and checks are payable to the Village of Riverdale.

How the premium is set

The surety prices the bond mainly on the owner's personal credit. At this bond size the annual premium is modest, and most contractors are approved on an application alone.

Eligibility and Requirements for a Illinois Concrete/Cement/Paving Contractor license Bond:

  • Surety bond to the Village of Riverdale, at least $2,500 under Section 5.40.030 and $5,000 minimum on the current application.
  • A duly authorized surety satisfactory to the Village.
  • Annual license fee of $195 for concrete or cement and sidewalk or paving contractors.
  • Public liability insurance meeting Section 5.40.060 and the current application minimums.
  • Separate license for every subcontractor on the job.

Illinois Concrete/Cement/Paving Contractor license Bond FAQs:

The village code says $2,500. Why is my bond $5,000?

Section 5.40.030 sets the bond at $2,500, but the Village's current Contractor Application lists a $5,000 minimum. Bonding at $5,000 meets both, so the application is not held up.

I only pour flatwork and driveways. Do I need this?

Yes. Riverdale's definition of building contractor expressly includes cement or concrete contracting, whether flat, form or wall work, and sidewalk and paving contractors pay the same $195 license fee.

I am a subcontractor to a licensed general contractor. Am I covered by their license?

No. Section 5.40.040 treats anyone doing business as a subcontractor as a building contractor who needs a license of their own.

What can a claim on the bond be for?

Violations of the village code provisions that govern building contractors, and damage to public ways, public halls, wire cables, electrical appliances, or trees and shrubbery owned or controlled by the Village. If the surety pays a claim, the contractor repays the surety.

Official and Additional Resources for the Illinois Concrete/Cement/Paving Contractor license Bond:

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