Greater Philadelphia Utility Contractors Association & Laborer's District Council - Fringe Benefits — required surety bond in Pennsylvania. Apply online in minutes.
The Greater Philadelphia Utility Contractors Association & Laborer's District Council Fringe Benefits Bond is a financial guarantee for union contractors in Pennsylvania. It ensures that contractors remit all required employee fringe benefit contributions, such as health and pension payments, as outlined in their collective bargaining agreement.
Utility contractors operating in the Greater Philadelphia area who employ members of the Laborer's District Council typically need this bond. It is generally required for employers who have signed a collective bargaining agreement with the union. Requirements vary, so contractors should verify their specific obligations directly with the union or association.
The union and association require this bond to protect their members' financial interests and retirement funds. It acts as a safety net, guaranteeing that if a contractor defaults or faces financial hardship, the union members will still receive their earned benefits. This ensures compliance with union contracts and maintains trust between labor and management.
Click Apply Now to complete a ~5 minute secure online application through Noah Insurance Agency. Once submitted, our team will review your information to secure the best available rate. After approval and payment, your official surety bond is delivered by email.
Premiums vary based on the required bond amount and the applicant's credit and financial history. Because rates fluctuate, it is best to apply online or call Noah Insurance Agency at 814-718-0060 for an exact figure.
Bond amounts vary depending on the size of your workforce and the specific terms of your collective bargaining agreement. You must verify the exact amount required directly with the issuing agency or union before applying.
Yes, Noah Insurance Agency works with contractors nationwide who have a wide range of credit profiles. While credit can impact your rate, we have specialized programs available; apply online to see your options.
The obligee is generally the Laborer's District Council and its associated fringe benefit funds. Requirements vary, so always confirm the exact obligee name and address listed in your union paperwork to ensure accurate bond issuance.
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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