Those contractors requiring Blanket Right of Way in Illinois are required by the Illinois Department of Transportation to execute an Illinois Highway Permit Blanket Bond to ensure compliance with licensure.
Bonds Express offers an Illinois Highway Permit Blanket 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 Highway Permit Blanket Bond holds you accountable for your business decisions.
By possessing an Illinois Highway Permit Blanket Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.