Bricklayers and Allied Craftworkers Local 23 OH-WV-KY - Wage and Welfare ($20,000) — required surety bond in Ohio. Apply online in minutes.
A Bricklayers and Allied Craftworkers Local 23 Wage and Welfare bond is a specialized union surety bond. It guarantees that a signatory employer will pay the agreed-upon union wages and make required contributions to the union's fringe benefit funds. If the employer fails to fulfill these financial obligations, the union can file a claim against the bond to recover the unpaid compensation.
Contractors and construction businesses that hire union members from the Bricklayers and Allied Craftworkers Local 23 typically need this bond. It is required for employers who have signed a collective bargaining agreement with this specific local union in the OH-WV-KY region.
The local union requires this bond to protect its members and their benefit funds from employer default or insolvency. It provides a financial guarantee that workers will receive their properly earned wages and that health, welfare, and pension funds are consistently funded according to the union agreement.
To get started, simply click Apply Now to access our secure online application. The form takes about five minutes to complete, and once processed, your bond will be delivered directly to you by email.
Premiums vary based on the applicant's credit profile and business financial history. Please apply online with Noah Insurance Agency for an exact figure.
Bond requirements vary based on the collective bargaining agreement and the number of union employees. You must verify the exact required bond amount directly with the issuing agency or union before applying.
Yes, applicants with lower credit scores can often still be approved, though premium rates may vary. Apply online to see the options available to your business.
You can contact Noah Insurance Agency, licensed nationwide, at 814-718-0060 for assistance with your surety bond application.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
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