Illinois Public Time Frames


Step 1: Notice
  • No Requirement: NACM suggests serving notice to the prime contractor within 90 days from last furnishing to prompt payment.

Step 2: Bond Claim
  • Written verified notice of bond claim to the public authority within 180 days after last performance. Also, a copy of the notice must be sent to the contractor within 10 days thereafter.

Step 3: Suit Against Bond
  • File suit within 1 year of last furnishing material, labor or services.

Bond Bits

  • Contracts less then $50,000 are excluded from bond requirements for state jobs, under $5,000 for others.
  • Amount of Bond – Equal to or greater than 110% of the bid.

 

Illinois Public Improvement Lien Time Frames


Step 1: Public Improvement Lien
  • As soon as possible to trap funds.

Step 2: Suit
  • A contractor can force a subcontractor to file its Public Improvement Lien (PIL) by giving notice to subcontractor. If subcontractor fails to file its PIL within 30 days of notice, the lien is lost.
  • Suit must be commenced within 90 days of the claimant's PIL or within 15 days prior to the lapse of funds.