(50 ILCS 830/20)
Sec. 20. Unified license and permit bond.
(a) A contractor seeking to do work or doing work in a county or
municipality may obtain a
unified license and permit bond. This unified license and permit bond may be
used by the contractor, at the contractor's discretion, instead of any other
license or permit bond, or both, required of a contractor by the county or a
municipality within that county. The bond shall be in the amount of at least
$50,000 for counties included within the provisions of the Northeastern
Illinois Planning Act (now repealed) and in the amount of at least $25,000 for all other
counties.
(b) The unified license and permit bond shall be held for compliance with
the ordinances and regulations governing
contractors in the county or any municipality within that county where the
contractor seeks to do work or is
doing work. The unified bond required by this Act shall be filed by the
contractor with the county clerk.
At the time of filing, the county clerk may charge a reasonable administration
fee, determined by the county board or board of county commissioners.
(c) If a contractor elects to use a unified license and permit bond under
this
Act and the territory of a municipality where a contractor seeks to do or is
doing
work is included within more than one county, then the contractor shall obtain
a unified license and permit bond from each county and shall file
a unified bond with each of the respective county clerks whether or not the
contractor seeks to do or is doing work in that part of the municipality
included in only one
of the counties.
In addition, the contractor shall file a certified copy of the unified
bond with the clerk in the municipality within that county where the
contractor seeks to do work or is doing work. At the time of the filing, the
clerk may charge a
reasonable administration fee, determined by the corporate authorities of the
municipality.
(Source: P.A. 96-328, eff. 8-11-09.)
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