The state Bond Threshold for Illinois is shown below. A version of this resource in chart form is available here.

Threshold

$500,000*

Little Miller Act Citation

30 ILCS 550/1 et seq.

*Amended in 2024 from $50,000 to $500,000 for ILDOT and IL Toll Authority contracts. For all other public works contracts, the bond threshold is $150,000. Both bond thresholds sunset on January 1, 2029 when the bond threshold reverts back to $50,000.

For more information, contact Larry LeClair.

Topic
Advocacy
Publish Date
November 7, 2024
Region
Illinois
Audience
Agents, Contractors, Owners, Sureties
Resource Type
Resource Map, Survey of State Bond Thresholds