Those utility contractors requiring Right of Way in Illinois are required by the Illinois Department of Transportation to execute an Illinois DOT Utility Permit Bond to ensure compliance with licensure.
Bonds Express offers an Illinois DOT Utility Permit Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Illinois DOT Utility Permit Bond holds you accountable for your business decisions.
By possessing an Illinois DOT Utility Permit Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.