Eastern Atlantic States Regional Council of Carpenters - IFCA Fringe Benefits ($125,000) — required surety bond in Pennsylvania. Apply online in minutes.
The Eastern Atlantic States Regional Council of Carpenters fringe benefits bond is a union surety bond that guarantees a signatory contractor will pay all required employee fringe benefits. It ensures that health, welfare, pension, and other negotiated dues are remitted on time and in full according to the collective bargaining agreement.
Contractors and construction businesses operating in Pennsylvania that employ members of the Eastern Atlantic States Regional Council of Carpenters typically need this bond. It is generally required for employers who have signed a collective bargaining agreement with the union.
The union requires this bond to protect its members from financial harm if an employer defaults on their contractual benefit contributions. It provides a reliable financial safety net, ensuring that union carpenters receive their earned benefits even if the employing contractor faces financial difficulties.
Click the Apply Now button to start our secure, approximately 5-minute online application with Noah Insurance Agency. Because requirements vary, applying online allows us to provide exact figures for your situation, and once approved, your bond is delivered directly by email.
Premiums vary based on the applicant's credit history, financial standing, and the required bond amount. Please apply online with Noah Insurance Agency to receive an exact quote based on your specific details.
Bond amounts vary depending on your specific collective bargaining agreement and the number of union carpenters you employ. Always verify your exact required bond amount directly with the Eastern Atlantic States Regional Council of Carpenters.
Approval times vary depending on the completeness of your application and specific underwriting requirements. We recommend completing our secure online application to begin the process and determine your exact timeline.
Bonding requirements vary by jurisdiction and local union councils. If you plan to operate outside of Pennsylvania, contact Noah Insurance Agency at 814-718-0060 to verify if additional or separate bonds are required.
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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