Bricklayers and Allied Craftworkers Local 23 OH-WV-KY - Wage and Welfare ($5,000) — required surety bond in Ohio. Apply online in minutes.
This bond acts as a financial guarantee for the Bricklayers and Allied Craftworkers Local 23 OH-WV-KY union. It ensures that signatory employers properly pay union dues, wages, and fringe benefits as stipulated in their collective bargaining agreements. If a contractor defaults on these payments, the bond provides a mechanism to recover the lost funds for the union members.
Contractors and employers who have signed a collective bargaining agreement with the Bricklayers and Allied Craftworkers Local 23 OH-WV-KY typically need this bond. It is frequently required before an employer is permitted to hire union bricklayers, tile setters, or allied craftworkers for construction projects.
The union requires this bond to protect its members from financial harm caused by employers failing to pay agreed-upon wages or benefit contributions. It provides assurance that workers will receive their rightfully earned compensation and that the union's welfare funds remain adequately funded. Specific requirements vary, so employers should always verify details directly with the union.
Ready to secure your bond? Simply click Apply Now to complete our secure online application in about 5 minutes. Once approved and processed by Noah Insurance Agency, your official bond documents will be delivered directly to you by email.
Premiums vary based on the employer's credit history, business financials, and the specific bond amount requested by the union. Apply online with Noah Insurance Agency for an exact quote.
If the union files a claim for unpaid wages or fringe benefits, the surety company will investigate the matter. If the claim is valid, the surety pays the union up to the bond limit, and you are legally responsible for reimbursing the surety in full.
Yes, surety bonds are often available for applicants with various credit profiles, though your specific premium rate may vary. Submit our secure online application to review your available options.
Bond terms and renewal cycles can vary depending on the collective bargaining agreement and union policies. You should verify your specific term requirements with Local 23 and ensure you renew before the expiration date to maintain compliance.
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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