Surety Bond News

Surety Bond Blog

Legislative updates and editorial columns from the surety experts at JW Surety Bonds; the largest surety bond company in the U.S.

Illinois Renewable Energy Bond




IllinoisIn the State of Illinois, new law was introduced affecting Eastern Illinois University. The new law, which is titled SB 2009 provides for a renewable energy center pilot project at Eastern Illinois University. SB 2009 obliges Eastern Illinois University to obtain a performance bond because of its partnership contract with an energy conservation measure provider. The surety bond fastens the energy savings from the contract as demanded under the Public University Energy Conservation Act. SB 2009 became active directly after enactment.


No Comments »

No comments yet.

RSS feed for comments on this post.

Leave a comment

Looking for a firm quote on your surety bond?

Get a free quote instantly online. It only takes a couple of minutes!

GET A FREE QUOTE!

Just looking for a ballpark estimate of costs?

Our 1 page form takes only seconds to complete!

GET A FREE ESTIMATE