Illinois Public Construction Performance and Payment Bond
What it is & who requires it
Every contractor entering a State of Illinois (or political-subdivision) public-work contract costing over $150,000 must furnish a single bond conditioned both for completion of the contract and for payment of labor and materials.
Obligee: The contracting public body (State of Illinois official/board/commission/agent, or a political subdivision). Citation: 30 ILCS 550/1 (Public Construction Bond Act).
Bond amount
Required on public-work contracts over $150,000 for state and local public works, but over $500,000 for Illinois Department of Transportation and Illinois State Toll Highway Authority projects (P.A. 103-570, eff. 1/1/2024). The $150,000 level SUNSETS January 1, 2029, reverting to over $50,000. Public bodies may require bonds below the threshold by resolution or ordinance. The penal sum itself is not a fixed statutory figure — ’[t]he amount of the bond shall be fixed by the officials, boards, commissions, commissioners or agents’ of the contracting public body.
How to get it
This bond is individually underwritten, so it is not issued instantly. Request a quote and a licensed producer follows up to walk you through it.
Request a bond quote
Tell us about the bond and the project. A licensed producer follows up — these bonds are individually underwritten, so they are not issued instantly.
Term & renewal
Term: Coextensive with the public-works contract it secures.
Renewal: Per-contract; furnished by the contractor before work on each qualifying public-work contract.
Filing
Furnished to the contracting public body — a State of Illinois official, board, commission, or agent, or a political subdivision — before work begins on each qualifying public-works contract. A single statutory bond covers both performance (completion of the contract) and payment (labor and materials), and it runs coextensive with the contract. Required under the Public Construction Bond Act, 30 ILCS 550/1.
Source
Verified against the obligee source (last checked 2026-06-05).
Related Illinois bonds
Frequently asked questions
- Who requires the Illinois Public Construction Performance and Payment Bond?
- It’s required by The contracting public body (State of Illinois official/board/commission/agent, or a political subdivision) (30 ILCS 550/1 (Public Construction Bond Act)). Every contractor entering a State of Illinois (or political-subdivision) public-work contract costing over $150,000 must furnish a single bond conditioned both for completion of the contract and for payment of labor and materials.
- How much is the Illinois Public Construction Performance and Payment Bond?
- Required on public-work contracts over $150,000 for state and local public works, but over $500,000 for Illinois Department of Transportation and Illinois State Toll Highway Authority projects (P.A. 103-570, eff. 1/1/2024). The $150,000 level SUNSETS January 1, 2029, reverting to over $50,000. Public bodies may require bonds below the threshold by resolution or ordinance. The penal sum itself is not a fixed statutory figure — ’[t]he amount of the bond shall be fixed by the officials, boards, commissions, commissioners or agents’ of the contracting public body.
- How do I get the Illinois Public Construction Performance and Payment Bond?
- This bond is individually underwritten, so it is not issued instantly. Request a quote and a licensed producer follows up to walk you through it.
- What is the term?
- Coextensive with the public-works contract it secures. Renewal: Per-contract; furnished by the contractor before work on each qualifying public-work contract.
- Is this bond insurance for me?
- No. It protects the obligee and the public — not you. If a valid claim is paid, you repay the surety.
- How is this requirement verified?
- We verify it against the obligee’s primary source (last checked 2026-06-05); the source link is on this page.
