{"id":1229,"date":"2013-06-12T03:28:27","date_gmt":"2013-06-12T03:28:27","guid":{"rendered":"http:\/\/suretyone.com\/blog\/?p=1229"},"modified":"2017-01-03T16:20:33","modified_gmt":"2017-01-03T16:20:33","slug":"illinois-oversize-permit-bond","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/illinois-oversize-permit-bond\/","title":{"rendered":"Illinois Oversize Permit Bond"},"content":{"rendered":"<p>As a guarantee for state permit fees an <strong><a title=\"Surety One\" href=\"https:\/\/suretyone.com\" target=\"_blank\">Illinois oversize permit bond<\/a><\/strong> is an inexpensive and effective way to secure a bonded charge account.\u00a0An applicant may establish such &#8216;Bonded Charge Account&#8217; with the <a title=\"IL truck permit office\" href=\"http:\/\/www.dot.state.il.us\/road\/trucks.html\" target=\"_blank\">Permit Office<\/a> in lieu of paying for each permit before it is issued. \u00a0In order to initiate the process the DOT requires that application form OPER 1932 be completed in duplicate and submitted to the Permit Office. \u00a0The applicant must also provide <strong>Illinois oversize permit bond<\/strong>\u00a0Form OPER 1931 accompanied by the appropriate surety power of attorney. \u00a0The bonding agent must execute the surety bond in a minimum amount of $1000 or in increments of $1000 up to an amount equal to at least twice the applicant&#8217;s anticipated monthly permit fees.\u00a0The Permit Office is obligated to provide billing statements every thirty days, providing there has been activity against in the account. \u00a0The invoice shows charges, payments, adjustments and the amount due.\u00a0 Payment in full is due within two weeks following the ivoice date.\u00a0 Any bills not paid within thirty days from the date of the statement will result in the withholding of permits to the account holder until the delinquent amount is paid. \u00a0The Permit Office can at any point proceed against the <strong><a title=\"IL oversize bond form\" href=\"http:\/\/www.dot.il.gov\/forms\/oper1931.pdf\" target=\"_blank\">Illinois overweight bond<\/a><\/strong>\u00a0to collect any unpaid balance.\u00a0 Reinstatement of credit and issuance of permits will be withheld until payment in full is received and a new surety bond is provided. \u00a0The obligation states that it guarantees &#8220;that if the Principal shall promptly pay unto the Department of Transportation of the State of Illinois all special permit fees and charges due by the Principal as required by law, rules and regulations adopted in connection therewith for the movement of vehicles of excess weight or dimension over the highways of the State. \u00a0The <strong>Illinois oversize permit bond\u00a0<\/strong>may be canceled by the surety by giving thirty (30) days notice in writing to the Department of Transportation. \u00a0The surety bond is deemed canceled at the expiration of thirty (30) days from date of receipt of notice, the said surety remaining liable for all fees and charges covered by the original surety bond which may have accrued up to date of the cancellation. \u00a0The bond is called a &#8220;<strong>Bond for Payment of Special Permit Fees and Charges to Illinois Department of Transportation for Movement of Vehicles of Excess Dimensions or Weight Over Illinois Highways<\/strong>&#8220;, which you can view by clicking <a title=\"IL Overs bond form\" href=\"http:\/\/www.dot.il.gov\/forms\/oper1931.pdf\" target=\"_blank\">here<\/a>.<\/p>\n<p><strong>National surety leader<\/strong>,\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">Surety One, Inc.<\/a>\u00a0underwrites\u00a0fuel tax surety bonds, overweight\/oversize and <strong>super load permit bonds<\/strong> for all classes of ground transport operation. \u00a0No surety bonding company is more responsive to your bonding needs!\u00a0We welcome applications from domestic and foreign operations. \u00a0Visit us at\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">SuretyOne.com<\/a>, call\u00a0<span style=\"color: #ff0000;\">(787) 333-0222<\/span>\u00a0or\u00a0<span style=\"color: #ff0000;\">(800) 373-2804<\/span>, or email\u00a0<span style=\"color: #ff0000;\">Underwriting@SuretyOne.com<\/span>\u00a0for an\u00a0<strong>Illinois oversize permit bond<\/strong>\u00a0application or information regarding surety bond capacity for any need.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a guarantee for state permit fees an Illinois oversize permit bond is an inexpensive and effective way to secure a bonded charge account.\u00a0An applicant may establish such &#8216;Bonded Charge Account&#8217; with the Permit Office in lieu of paying for&#8230; <a class=\"more-link\" href=\"https:\/\/suretyone.com\/blog\/illinois-oversize-permit-bond\/\">Continue Reading &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":1230,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"image","meta":[],"categories":[139],"tags":[1525,1522,1523,1524],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Illinois Oversize Permit Bond &bull; Surety One, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/suretyone.com\/blog\/illinois-oversize-permit-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Illinois Oversize Permit Bond &bull; Surety One, Inc.\" \/>\n<meta property=\"og:description\" content=\"As a guarantee for state permit fees an Illinois oversize permit bond is an inexpensive and effective way to secure a bonded charge account.\u00a0An applicant may establish such &#8216;Bonded Charge Account&#8217; 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